Question

Colonialism is based on the idea of political domination and economic exploitation.

• The main aim of the British was bought raw materials from India at cheap rates and sell the same to English manufactures in England.
• The British brought machine made cheap goods to be sold in the Indian markets.
• The Indian craftsman had to buy raw material at a high price.
• The handmade good were expensive and could not compete successfully with machine made goods. The Indian crafts and industries started declining.