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Revision Notes
Emergence of the Colonial Economy — Revision Notes
ICSE · Class 11 · History
Emergence of the Colonial Economy revision notes for ICSE Class 11 History: 4 topics in quick points. Part of the ICSE Class 11 History syllabus.
45 questions38 flashcards5 concepts
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Key Topics to Revise
1
1. Transport and Railways
- The East India Company neglected transport and communication in its early years.
- Industrial growth in England created a need for roads, rivers, and railways for moving raw materials and goods.
- Lord William Bentinck first turned attention to transport improvement. He ordered a trunk road between Calcutta and U.P. and improved river transport between Calcutta and Assam.
2
2. Deindustrialization and Economic Drain
- After the Industrial Revolution, England needed new markets for machine-made products.
- Indian handicrafts and textiles lost markets because British machine-made goods were cheaper.
- The British market was closed to Indian manufacturers.
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3. Revenue Policy: Permanent Settlement, Ryotwari, and Mahalwari
- After the Grant of Diwani in 1765, the Company tried to extract maximum revenue from land.
- In the pre-British period, land revenue usually varied from 1/6% to 1/3% of produce, and cultivators were not usually evicted if rent was paid regularly.
- Warren Hastings introduced five-year settlement with the highest bidders after the Grant of Diwani.
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4. Poverty, Famine, and Indian Responses
- British industrial policy and revenue extraction increased poverty in India.
- Large-scale deindustrialization reduced employment for artisans and weavers.
- The great famine of 1770 killed about one-third of the population in Bengal Presidency.
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Full NotesKey Concepts
Railways were introduced mainly for economicBritish industrial growth and trade policyThe Company experimented with different revenuePermanent Settlement was introduced in BengalRyotwari Settlement was introduced directly
Frequently Asked Questions
What are the important topics in Emergence of the Colonial Economy for ICSE Class 11 History?
Key topics in Emergence of the Colonial Economy include Transport and Railways, Deindustrialization and Economic Drain, Revenue Policy: Permanent Settlement, Ryotwari, and Mahalwari, Poverty, Famine, and Indian Responses. Study these first, then practise questions on each for Class 11 exams.
How should I revise Emergence of the Colonial Economy for Class 11 exams?
Learn the core ideas first, then work through the 45 practice questions on Emergence of the Colonial Economy. Revise definitions regularly and use flashcards for quick recall before the exam.
Sources & Official References
Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.
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