Question

Till 17th Contrary India was the largest GDP contributor worldwide. Give an account of reasons for disruption of the traditional Indian economy during British period.

07 Mar 2024
Answer :
Word Count : 582

The disruption of the traditional Indian economy during the British colonial period had profound and lasting effects on the country's economic landscape. Until the 17th century, India was a major contributor to the global GDP, known for its rich and diverse economy. However, the advent of British rule marked a significant turning point, leading to the dismantling of traditional economic structures. Several factors contributed to this disruption:

1. Colonial Exploitation:
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