The British East India Company took control over India in 1770. The British East India Company had control of many colonies, India was one of them. They initially came for their need of coal, cotton, indigo, and tea. But after the Sepoy Rebellion in 1857, the British took full political, economic, and social control over India. British imperialism had a negative impact on the politics and economy of India because the army, justice system, government and resources of India were run to benefit the British, not the Indians.
While the Mughal empire was collapsing (the last seat of power before the British came) The East India Company came Hailing from the great British empire to seek out India’s potential and profit. After the sepoy rebellion in 1857 the British government came at the beck and call of the company to take over. India was no longer a trade partner, it was now a colonie. The British government made the political piece of their rule as efficient as possible, dividing the country against each other
Later, some of these trading posts would grow into major cities such as Madras, Bombay, and Calcutta. Uprisings by Indians in 1857 against the British East India company then caused the British government to bring troops to India and eventually they took control and ruled India from 1858 to 1947. India was divided into 11 provinces and 250 districts. These two empires changed the development of India, but the British Empire changed the Indian Economy in a way that made the Indians more dependent than they were under the Mughal Empire. At the same time, both empires continued to develop agriculture through well developed irrigation systems and irrigation canals.
After losing American Colonies, British imperialist started looking for opportunities in the Far East and India showed great potential. The British entered India as traders with the primary objective to earn profits by carrying on with trade in India. In the early 1800’s the British imperialists started to colonise India for various reasons such as natural resources and land. The colonisation took place during the industrial revolution and this meant cheap labour from people. British-India had two states those under rule of Queen Monarch of Great Britain and the other under rule by the Indian prince who followed British rules.
By 1857, the British, through the East India Company, directly ruled two thirds of India. The remaining third was overseen by Indian princes who paid tribute to the British. The British not only dominated the Indian economy, sending profits back to Britain: they also imposed their values on the Indian people by preventing Indian soldiers from occupying high ranking positions in the army and introducing social and land reforms. Thus, even though the British government was not engaged in direct imperialism, the British East India Company still had a strong, controlling hand in the Indian way of life. To begin with, it can be observed that the British colonizers did indeed improve Indian civilization by developing means of communication and transport further than what had already been established.
For its time, the East India Company was the most effective colonial power in the eastern hemisphere. The East India company was established December 31st, 1600, when Queen Elizabeth I granted 200 English merchants trading rights in the East Indies (Johnson). The East Indies consisted of the land of South and Southeast Asia including the Philippines and the islands of the Malay Archipelago— Sumatra, Borneo, New Guinea and other near that relative location. After forming separate groups, one merchant group became famously known as the East India Company, and without interfering with the Indian spice market, the company sought after the Indian textile industry. The Company was able to expand their trading grounds until setting foot along the
This political context is explained by Christopher Hill who believed that the conflict developed not only because of material interests, but also ideas and values. After the noble houses destroyed one another in the Wars of the Roses, the strength of the advancing and declining classes was in equilibrium for a short period, during which the function of the monarchy
By the end of 1720, Walpole knew that the legitimacy of the king post-bubble depended on the recovery of the financial markets. In turn, Walpole worked vigorously to restore order in both Parliament and the economy. When the economy recovered in 1721, the Parliament, pressured by the public, needed to implicate specific Members of Parliament for the stock crash. Parliament planned to charge two Whig Members of Parliament for their roles in the corruption of the South Sea Scheme: Chancellor of the Exchequer John Aislabie and First Lord of the Treasury Lord Sunderland. In a short series of events, both Aislabie and Sunderland stepped down from their
Since we’ve seen how colonialism affected India as a colony in terms of GDP, it is also important that we see how colonialism affected the colonizers. In the 1500s the share of UK’s GDP of the world was a mere 1.1%, it started to get a little better around 1700s reaching 2.9% when the East India Company had started making a little money. It went to the level of 5.2% when the colonialism actually started to bear fruits and reached highest ever levels between 8% - 9% between 1870-1913 when the crown had taken over India and the “loot” of
Though India reportedly had the world’s largest economy during the years 1 AD and 1000 AD , due to the vagaries of history, India’s economy had plunged during British rule. Though industrialisation proceeded rapidly in Britain, the British had different policies for the regions under its rule. However the economic impact of British imperialism in India is still being debated. On the one hand, the British established a good network of railways, laid out a telegraph system for communication and established a legal system. The other view is that the infrastructure was established to facilitate the exploitation of natural resources, for example, in shipping gold, spices, and other raw materials from India to Britain and other markets.
In early Williamsburg time it tells us how the British ruled and what laws there were. Later on, it tells us what type of rebellion there was and when it happened, because that was the main area for rebellion. Even later on it tells us what happened during the war. So although the other buildings represent that motto this one does the most. In conclusion the Capitol is superior in the colony and deserves the commemorative coin the most because it connects the most to the Colonial Williamsburg motto, it has the most relevance today, and it had the most relevance in colonial times.
The French and Indian War can be argued to have the most effect on altering the relations between Britain and the Colonies. The relationship between these two power houses began very subtle, as England followed through with a policy of salutary neglect toward the Colonies. The consequence of the war caused the Political and the Economic state of Britain to changed dramatically, causing them to act differently towards the Colonies. This made the Ideologies of the colonies change greatly. Becoming a winner of a mass of land was great to reward to Britain, but this caused them to change the way that they were going to govern, especially in North America.
In the colonial Americans, they experience the great excitement for themselves in the event that the war enabled them to a unit and defend themselves against a country that had separate beliefs that they had. The American colonies, in the beginning, had the high belief that they were not susceptible to gaining enough power to control. An idea that was highly agreeable, the colonist, though originating from Great Britain post many disadvantages. After the war, the soil had experience tons of damage that need to be repaired. King George had set a law known as the Sugar Act to help pay for the expenses on the colonial soil.