Class 11 Economics - Indian Economic Development - Chapter Indian Economy on the Eve of Independence NCERT Solutions | What was the two-fold motive behin
What was the two-fold motive behind the systematic de-industrialisation affected by the British in pre-independent India?
The following are the two-fold motives behind the systematic deindustrialisation affected by the British:
1. Making India a Supplier of Raw Materials: The main motive of the British government was to make India a mere supplier of cheap raw materials to feed its own flourishing industrial base.
2. Making India a Market for Finished Goods: Another important objective of the British government was to use India as a virgin market to sell the finished goods produced by the British industries.
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Indicate the volume and direction of trade at the time of independence.
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