During British rule, why was it is easier for European companies rather than Indian companies to set up industries? Give reason
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During British rule,it was easier for European companies rather than Indian companies to set up industries as they had more powerful and advanced then Indian countries.Moreover,they imposed high taxes on the Indian Industries in order to close them or gain profit.
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Hello user !!!
Your answer :-
During British rule , Only britishers used to have the rights.
They came to India to loot india.
They had set up industries to get more profits for their country.
When our Indian people had set up industries they used to either ban them or used to collect more and more taxes on them.
For this reason Indians were slow in setting up industries.
And as it was british rule , European companies were easier to set up.Because they know how to trade and they were also well educated. As the British people are from Europe , the Europeans got the easy access.
Hope this may help you :)
Your answer :-
During British rule , Only britishers used to have the rights.
They came to India to loot india.
They had set up industries to get more profits for their country.
When our Indian people had set up industries they used to either ban them or used to collect more and more taxes on them.
For this reason Indians were slow in setting up industries.
And as it was british rule , European companies were easier to set up.Because they know how to trade and they were also well educated. As the British people are from Europe , the Europeans got the easy access.
Hope this may help you :)
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