Question:

State your opinion : European colonialism led to economic exploitation of India.

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Solution and Explanation

Opinion: European colonialism, especially by the British, led to the economic exploitation of India. The British extracted resources, raw materials, and wealth from India, leaving the country impoverished. They established a colonial economy that prioritized British interests, such as manufacturing goods for export, rather than developing the Indian economy for the benefit of the local population. The British also imposed heavy taxes, which further impoverished the common people, and destroyed local industries, such as textiles. This exploitation is one of the key reasons for India’s underdevelopment during the colonial period
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