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Question
What was considered to be phase II of the British colonisation in India?
What was considered to be phase II of the British colonisation in India?
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Solution
The correct option is A Industrial Capitalism
The colonisation of India by the British took place in three phases:
Phase I: Mercantilist Capitalism,
Phase II: Industrial Capitalism,
and Phase III: Financial Capitalism.
During phase II, India emerged as a massive source of raw materials and a massive producer of goods.
The colonisation of India by the British took place in three phases:
Phase I: Mercantilist Capitalism,
Phase II: Industrial Capitalism,
and Phase III: Financial Capitalism.
During phase II, India emerged as a massive source of raw materials and a massive producer of goods.
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