Question

How did Britain's trade practices impact India?

Answer 1

The main goal of the British invasion of India was the wealth that they were going to get through trade. The British had already developed the industry, so they were able to create final goods very quickly, efficiently, and cheaply. By having India under their control, the British were able to take the natural resources and raw materials for free or for very low prices, manufacture them, and then sell them in India or other places for much higher prices. This type of trade led to accumulation of lot of wealth by the British. They were getting the natural resources and materials for almost nothing, and then they were selling the products in the places from where they took away the natural resources and raw materials. This led to loss of natural resources and raw materials for little to no compensation, while also paying for the final products, so India, as many other colonies was very negatively impacted by this way of trade.