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Word Count: 442
Britian was the most powerful country at the time of its empire in India Between 1850 to 1890 Great Britian had a very powerful control over the world Expanding from fromerly known United Kingdom to China and from China to the North Americas maybe South America It had terrotories between these land masses With its naval glory and pride and its superiour land army India was just another country to take over who played a big part in their economy India is known by many countries as the economical Gold Mine For economic nationalist and humanitarian reasons Britians powerful nations have often interfered with the affairs of weaker nations Britians powerful nations have in the past exploited less fortunate ones for resources capital and knowledge Yet in return India has gained the technology and capital that over a period of time and development improved its quality of life Indian economy was transferred into a colonial economy whose nature and structure was determined by the needs of the British economy High revenue demands and rigid manners of collection forced peasants into the clutches of the moneylenders Expanding population put greater pressure on land as there was no corresponding development of industry India inherited from Britian a cheap and easy system of transport was important for the flow of British ready made goods and the export of raw material to Britain on large scale Roads were improved and steam ships were introduced But real improvement came with the railways which started in 1853 between Bombay VT and Thane In her trade with other countries India usually maintained a favourable balance which were used for paying off various kinds of dues charged on India by Britain With Britian leading the Industrial Revolution India was bound to be second to industrialize Up to 1914 Industrial development was mainly restricted in the production of export of those goods with the natural advantage jute tea etc and in those
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