modern-history-british20-038
Assertion (A): The Drain of Wealth weakened India’s economic structure.
Reason (R): It led to continuous outflow of capital from India.
Select the correct answer.
Solution
Continuous outflow of capital weakened India's economy, making both statements true with R explaining A.
More from drain-of-wealth
Which of the following factors ensured India's economic dependence?I. Colonial trade policiesII. Drain of wealthIII. Lack of industrial…
modern-history Medium
Which of the following best explains the link between colonialism and underdevelopment?
modern-history Medium
Which of the following best explains colonial economic policies?
modern-history Medium
Which of the following conclusions can be drawn about colonial economic impact?
modern-history Medium