Colonial officials were strongly influenced by the ideas of which British economic thinker in 19th-century?
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) → David Ricardo
By the 1820s the economist David Ricardo was a celebrated figure in England, and colonial officials had learnt Ricardian ideas during their college years; these ideas shaped the revenue settlements they made.
NCERT (2026-27): “3.2 A new revenue system … When officials devise policies, their thinking is deeply shaped by economic theories they are familiar with. By the 1820s, the economist David Ricardo was a celebrated figure in England. Colonial officials had learnt Ricardian ideas during their college years. In Maharashtra when British officials set about formulating the terms of the early settlement in the 1820s, they operated with some of these ideas.…” |