Positive Effects for Great Britain:
-Great Britain was able to expand its global empire
-Trade and access to new markets
-Economic gains from control of resources
Negative Effects for Great Britain:
-High military and administrative costs
-Increasing global competition
-Growing resentment and opposition to colonialism
Positive Effects for India:
-Modernization of infrastructure
-Development of a unified currency
-Formation of democracy with Indian representation
Negative Effects for India:
-Economic exploitation
-Violence and social unrest
-Loss of traditional culture and values