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Question
What were the impacts of the transfer of power from East India Company to the Crown?
Answer in Brief
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Solution
- After the transfer of power to the Crown.
- De-industrialisation led to massive unemployment workers were forced out of the land.
- Heavy taxation mined agriculture.
- Famine deaths increased.
- Peasants were forced to pay revenue directly to the Government.
- The mortgaged land of the defaulters was auctioned by the moneylenders.
- Peasants were trapped in the vicious cycle of debt and forced to abandon cultivation.
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Introduction of Anti-Colonial Movements and the Birth of Nationalism
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