Use app×
Join Bloom Tuition
One on One Online Tuition
JEE MAIN 2025 Foundation Course
NEET 2025 Foundation Course
CLASS 12 FOUNDATION COURSE
CLASS 10 FOUNDATION COURSE
CLASS 9 FOUNDATION COURSE
CLASS 8 FOUNDATION COURSE
0 votes
683 views
in Economics by (92.0k points)

What do you understand by the 'drain of Indian wealth' during colonial period?

1 Answer

+1 vote
by (80.9k points)
selected by
 
Best answer

During British rule-large export surplus.

Disadvantages to the country on following grounds :

(a) Ignoring domestic needs-goods exported-advantage to Britain.

(b) Export surplus used-administrative and was expenses of British.

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...