India, China and Japan From 1850 To 1945

Paper Summary:

"The three largest economies in Asia had very different experiences in the world economy from 1850 to 1945. India, an imperial subject of Britain throughout this period, was forced to abandon the production of textiles and most other goods when Britain elected to manufacture these goods and export them instead to its continent-sized colony.

From the Paper:

"The three largest economies in Asia had very different experiences in the world economy from 1850 to 1945. India, an imperial subject of Britain throughout this period, was forced to abandon the production of textiles and most other goods when Britain elected to manufacture these goods and export them instead to its continent-sized colony. As a result, India became primarily an exporter of primary products and made only minimal progress toward industrialization. China, though it was no one's colony, was beset by weak governments and periods of extreme political instability. But China suffered a much worse fate than India's because it was subject to the demands of powerful, competing industrialized nations seeking raw materials and markets for their manufactured goods. Japan, however, became one of the industrialized nations and, in addition to exerting ..."

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