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The economy of India was transformed by the British through new technology. The British brought new road network, the world's third largest railroad system, telephone and telegraph lines, irrigation canals, and other things that modernized India.Health and cleanliness also improved with the British coming.he British brought new road network, the world's third largest railroad system, telephone and telegraph lines, irrigation canals, and other things that modernized India.
The economic history of the United Kingdom deals with the economic history of the United Kingdom of Great Britain after its formation in 1707.(For earlier periods see Economy of England in the Middle Ages and Economic history of Scotland).y 1900, the United States and Germany had developed large-scale industries; Britain's comparative economic advantage had lessened. London did remain the financial and entrepreneurial capital of the world, until challenged by New York after 1918.