- One basic feature of colonialism is that under it the colony is integrated into the world capitalist system in a subordinate position.
- Colonialism is characterized by unequal exchange.
- The metropolis produced high technology, high productivity, and high wage goods while the colony produced low technology, low productivity, and low wage goods. International trade thus became an instrument of exploitation.
- The colony produced raw materials while the metropolis produced manufactured goods.
- The colony was articulated with the world market but internally disarticulated. Its agricultural sector did not serve its industry but served the metropolitan economy and the world market.
- The drain of wealth took place through unrequited exports and state expenditure on armed forces and civil services.
- The pattern of railway development in India in the second half of the 19th Century was in keeping with the interests of British industry.
- Colonizers’ political dominationis was another feature of Colonialism.
- Bal Gangadhar Tilak, the Indian nationalist leader, described this as decorating another’s wife.
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Expansion Of Satvahanas Empire
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Expansion of empire Gautamiputra Satkarni captured the whole of Deccan and expanded the empire too He got victorious...
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SECOND PHILADELPHIA CONVENTION, 1775
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On April 19, 1775, British soldiers and American militiamen exchanged gunfire on the village green in Lexington, Massachusetts. The...
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Charter Act, 1833
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Final step towards Centralization. Governor General of Bengal became the Governor General of India (Lord William Bentinck was the...
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UNIFICATION PROCESS
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After 1848, nationalism in Europe moved away from its association with democracy and revolution. Nationalist sentiments were often mobilized...
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Drafting Committee Of The Indian Constitution
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Drafting Committee set up on August 29, 1947 It consisted of seven members. They were: Dr. B.R. Ambedkar (Chairman)...
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Outcome of Unification Of Italy
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Unification of Italy, though did not prove democratic, but marked a great advance in the history of the counties....
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Colonialism In Pacific Islands
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The Dutch Empire of the East Indies had been founded as early as the Seventeenth Century. New Guinea was...
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INTOLERABLE ACTS OF 1774
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INTOLERABLE ACTS OF 1774 These laws were enacted in order to punish the port of Boston and the people...