Which of the following statements about the British colonial economic policies is/are correct?

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CollectorBabu · Accepted Answer

Correct Answer: All of the above. During colonial times, the foreign trade of India was firmly in the control of British. India became an exporter of primary products (raw material) such as raw silk, cotton, wool, sugar, indigo, jute, etc. India became an importer of finished consumer goods like cotton, silk, and woollen clothes, and capital goods like light machineries are produced in the factories of Britain. Also, there was shift from cultivation of food crops to cash crops.

Which of the following statements about the British colonial economic policies is/are correct?

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