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The Making of British India

  • Tirthankar RoyEmail author
Chapter
Part of the Palgrave Studies in Economic History book series (PEHS)

Abstract

A new economic world took shape in India in the 1800s. It was new in that a pattern of trade emerged that did not exist before. In the 1700s, Indians exported textiles. In the 1800s, Indians exported agricultural commodities. The emergence of the new trading order owed to two things. A powerful state ruled over both the agricultural hinterland and the seaboard. And the state was interested in overseas trade. This state was the British Empire in South Asia. The transformation led to gains for some and losses for others. The chapter describes the emergence of the new model of capitalism, its consequences, and shows why politics was so important to its emergence.

Keywords

Mughal Empire East India Company Indian Ocean India–China trade Indian Mutiny 

Further Reading

  1. Burton Stein, ed., ‘Introduction’, The Making of Agrarian Policy in British India 1770–1900, Delhi: Oxford University Press, 1992, 1–32.Google Scholar
  2. Kenneth McPherson, The Indian Ocean: A History of People and the Sea, New York: Oxford University Press, 1998.Google Scholar
  3. Om Prakash, European Commercial Enterprise in Precolonial India: The New Cambridge History of India, Cambridge: Cambridge University Press, 1998.Google Scholar
  4. P.J. Marshall (ed.), ‘Introduction’, Eighteenth Century in Indian History: Evolution or Revolution? Delhi: Oxford University Press, 2003, 1–30.Google Scholar
  5. Tirthankar Roy, An Economic History of Early Modern India, London and Abingdon: Routledge, 2013.Google Scholar

Copyright information

© The Author(s) 2019

Authors and Affiliations

  1. 1.Department of Economic HistoryLondon School of EconomicsLondonUK

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