UK’s invasion of India had different kind of strategy than we saw in history books. It was not with guns or army but it was with power of wealth. The East India Company was founded by British merchants and traders to trade with India. The mostly traded goods were items like spices, tea and cloth at first. In addition to goods like that mentioned above, English traders mostly traded raw materials. These materials were then become finished goods in England then traded back to India with expensive prices. According to some history researchers, the government of England did not take control of India; it was the East India Company that took over India. England became masters of ...view middle of the document...
They have done it by taking advantage of local competition to weaken opposition by playing with local leaders against one another. However British had to send their armies into India at times of resistance.
British has chosen long path but a stable one. It was a slow process. This process had more to do with British Company with trade and wealth than with British military. British never had attempted to go in to India with guns blazing, even though British had to use force sometimes, it was more of buying the place out with economic manipulation and also hiring local Indians for protection, to do their fighting for them.
The East India Company
East India Company was founded by British traders to trade with India. They made warehouses to store the goods they traded into India. British would keep armies and forces at these centers because they needed protection and it was a good excuse to have small but strong armies at the centers of the city.
When the British traders were ordinary traders, they were just another buyer or a seller in the market. At the end of 17th century Industrial revolution was at its best in Europe. The manufacturing industry in Europe was thriving; there was a huge demand for raw materials. The price of raw materials and goods in India was extremely low and the English East India Company was making a lot of profits by buying the materials cheap and selling the finished goods expensive. Once they took control of India, the situation in India began to change quickly. British would now be able to control prices. The money that they obtained from taxes has not been spent on the welfare of the people of India but has spent on to increase their profits.
Indian exporters couldn’t compete with British traders because export duties were fixed. They fixed the prices of goods where it was cheaper for people to buy goods imported by the British then to buy local Indian goods. They changed all the market to themselves. They had set up a one sided free trade. Fully failure of the local economy happened because of British, while the Indian economy was open to the world, they did not have the same access to foreign markets as British did, so that they had no markets to sell their products in either at home or foreign markets. Before all that, India was exporting all kinds of goods however that time all they have exported was poor raw materials.
As mentioned above, British bought the raw materials cheap and then they would send it to Britain where they made the finished goods. After that, these goods would be shipped back to India and sold at max profitable prices. These goods were much cheaper than the local goods. This was because the local goods were mostly handmade. On the other hand, British had machines that made British goods much cheaper to produce. The more land The Company gained the more India becomes dependent to the East India Company for their basic needs.
As more power British had, they began to...