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James Mill periodized Indian history by analyzing the impact of British colonization on the Indian weaving economy in South India, leading to a significant economic decline.
James Mill periodized Indian history by emphasizing the impact of British colonization on the Indian economy, particularly in the weaving sector in South India during the eighteenth and nineteenth centuries.
He highlighted how British state power, through the East India Company, imposed labor management rules that dismantled market relations and led to the decline of the weavers' prosperity and mobility, ultimately causing a significant economic disaster in India.
Mill's narrative underscores the consequences of external influences on indigenous systems and economies, reflecting broader historical patterns of colonization and economic transformation.
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