History · Economic Impact of British Rule
Historians often mark the transition of British colonial exploitation into its third phase—the Financial Phase or Financial Capitalism—from which decade onwards?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The 1860s, following the direct assumption of power by the British Crown✓
- 2The 1830s, following the complete centralization of governance
- 3The 1810s, following the abolition of the trade monopoly
- 4The 1760s, following the Battle of Buxar
Correct answer
The 1860s, following the direct assumption of power by the British Crown
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