Multiple choice The MOST significant impact of the British control of the Indian economy was an increased use of coercion and force to maintain power English East India Company’s loss over textile industry exportation of profits to London, rather than an Indian city switch to commodity crops, rather than subsistence products Reveal answer Fill a bubble to check yourself C Correct answer Explanation The drain of wealth, where profits generated in India were systematically transferred to Britain to fund their industrialization and administration, was the most significant economic impact of colonial rule.