The Market as a Social Institution

The Market as a Social Institution

Question

How had weekly markets in tribal areas incorporated into the wider regional and national economies during colonisation?

Answer

These were opened by building roads, pacifying tribal rebellions (radicals) and traders, money-lenders and other non-tribal people from plains entered into these areas. It transformed the local tribal economy as they got money for their produce from these people and several new goods came for their consumption. Tribal people were given employment as labourer to work on plantations and mines.

More Chapters from The Market as a Social Institution