British were more pragmatic than that of other colonial powers. Their motivation was entirely economic. There was none of the dedicated Christian fanaticism which the Portuguese and Spanish demonstrated in Latin America and less enthusiasm for cultural diffusion than the French or the Americans showed in their colonies. For this reason they they westernized India only to a limited degree.
The three largest economies in Asia had very different experiences in the world economy from 1850 to 1945. India, an imperial subject of Britain throughout this period, was forced to abandon the production of textiles and most other goods when Britain elected to manufacture these goods and export them instead to its continent-sized colony. As a result, India became primarily an exporter of primary products and made only minimal progress toward industrialization.
China, though it was no one's colony, was beset by weak governments and periods of extreme political instability. But China suffered a much worse fate than India's because it was subject to the demands of powerful, competing industrialized nations seeking raw materials and markets for their manufactured goods
Since 1825 China was the worlds largest economy followed by the UK and India. Due to industrial revolution, UK came in to the top league of Europe for the first time ever. The gross domestic product of India in 1850 was estimated at about 40 per cent that of China.
From 1850The formal dissolution of Mogul empire heralded a change in British treatment of Indian subjects. Massive railway projects were begun in earnest and government jobs and guaranteed pensions attracted a large number of upper caste Hindus into the civil service for the first time ever.
At this time too China was the worlds largest economy followed by the USA, UK and India. The gross domestic product of India in 1875 was estimated at about 30 per cent that of China or 60 per cent that of the USA. British cotton exports reach 55 per cent of the Indian market by 1875.
From the year 1875 USA became the worlds largest economy followed by China, UK, Germany and India. Collapse of the central authority of the Qing dynasty and the resultant chaos triggered Chinas short but rapid decline on the world stage. The gross domestic product of India in 1900 was estimated at about 20 per cent that of the USA. The Crown treasury reported annual revenue of 122 million in1900.
Since the year 1900 1925,USA was still on the number economy UK at no. 2 , China at no. 3, France at no. 4, Germany at no. 5,during this period of time India was at no. 6 and the USSR was at 7th position. At this period GDP of India in 1925 was estimated at about 10 per cent that of the USA and the Crown treasury reported annual revenue of 125 million in 1925.
At the time period of 1925 1950
USA economic might was unchallenged was the worlds largest economy but the second slot was occupied by the USSR and UK, China, France, Germany and India followed them. At this phase, China was at 4th position and India was at 7th.The gross domestic product of India in 1950 was estimated at about 7 per cent that of the USA. The newly independent but weak Union governments treasury reported annual revenue of 334 million in 1950.
The three largest economies in Asia had very different experiences in the world economy from 1850 to 1945. India, an imperial subject of Britain throughout this period, was forced to abandon the production of textiles and most other goods when Britain elected to manufacture these goods and export them instead to its continent-sized colony. As a result, India became primarily an exporter of primary products and made only minimal progress toward industrialization.
China, though it was no one's colony, was beset by weak governments and periods of extreme political instability. But China suffered a much worse fate than India's because it was subject to the demands of powerful, competing industrialized nations seeking raw materials and markets for their manufactured goods
Since 1825 China was the worlds largest economy followed by the UK and India. Due to industrial revolution, UK came in to the top league of Europe for the first time ever. The gross domestic product of India in 1850 was estimated at about 40 per cent that of China.
From 1850The formal dissolution of Mogul empire heralded a change in British treatment of Indian subjects. Massive railway projects were begun in earnest and government jobs and guaranteed pensions attracted a large number of upper caste Hindus into the civil service for the first time ever.
At this time too China was the worlds largest economy followed by the USA, UK and India. The gross domestic product of India in 1875 was estimated at about 30 per cent that of China or 60 per cent that of the USA. British cotton exports reach 55 per cent of the Indian market by 1875.
From the year 1875 USA became the worlds largest economy followed by China, UK, Germany and India. Collapse of the central authority of the Qing dynasty and the resultant chaos triggered Chinas short but rapid decline on the world stage. The gross domestic product of India in 1900 was estimated at about 20 per cent that of the USA. The Crown treasury reported annual revenue of 122 million in1900.
Since the year 1900 1925,USA was still on the number economy UK at no. 2 , China at no. 3, France at no. 4, Germany at no. 5,during this period of time India was at no. 6 and the USSR was at 7th position. At this period GDP of India in 1925 was estimated at about 10 per cent that of the USA and the Crown treasury reported annual revenue of 125 million in 1925.
At the time period of 1925 1950
USA economic might was unchallenged was the worlds largest economy but the second slot was occupied by the USSR and UK, China, France, Germany and India followed them. At this phase, China was at 4th position and India was at 7th.The gross domestic product of India in 1950 was estimated at about 7 per cent that of the USA. The newly independent but weak Union governments treasury reported annual revenue of 334 million in 1950.
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