Abstract
From the size of India's population alone the economic history of India constitutes an important segment of the economic history of mankind. But with the middle of the eighteenth century, it assumed a further, special significance: subjugated by the first industrial nation of the world, it offered the classic case of the colonial remoulding of a pre-modern economy. Not surprisingly, the changing nature and consequences of this process and all its surrounding conditions have formed the constant theme of a long and continuing debate.

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