Critically analyze the socio-economic impact of commercialization during the colonial period.
MHI-05: HISTORY OF INDIAN ECONOMY The colonial period in India, characterized by the dominance of European colonial powers, brought about significant socio-economic changes driven by the process of commercialization. A critical analysis reveals a nuanced impact with both positive and negative consequences: Positive Aspects of Commercialization: Negative Aspects of Commercialization: Conclusion: The socio-economic impact of […]