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India's Economic History

ral Lord Bentinck, was that it had created a large class of landed proprietors who depended on the British and thus were highly motivated to continue their colony status. Even though the vast majority of Indians lived wretched lives of abject misery, the upper class British sympathizers wielded complete social control over their less fortunate brethren.

As far as the British were concerned, India continued to be a wise investment for the monarchy as well as for individual citizens and companies. This can clearly be seen in the fact that India financed forty percent of BritainÆs trade deficit and provided a rigidly protected market for British manufacturing interests. Additionally, IndiaÆs miserable lower cl

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India's Economic History. (1969, December 31). In LotsofEssays.com. Retrieved 08:29, April 27, 2024, from https://www.lotsofessays.com/viewpaper/1711865.html