AshikaKnowledge Contributor
How did the export surplus lead to an economic drain of wealth during colonial rule?
How did the export surplus lead to an economic drain of wealth during colonial rule?
Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.
Questions | Answers | Discussions | Knowledge sharing | Communities & more.
Export surplus was an instrument to perpetuate the drain of wealth from India to Britain. The surplus amount that was earned by India through exports was siphoned off to the colonial British under various expenses such as home charges, the military payments, or remittances of British residents and officials in India to Britain.