Explain the following statement with reasons. - The British imposed hevy taxes on Indian industries.
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The most important reason for British imposing heavy taxes on Indian industries was, the industries in India had their dominant position in World market and British industries were lagging behind.
So, to improve the position of British goods in market, they imposed heavy taxes on Indian industries.
To bear these expenses, industries had to increase the prices of the goods, where Britain goods were cheaper.
As a result, Indian goods lost their market and British industries started to flourish.
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Answer:
The British imposed heavy taxes on Indian industry to make their Indian products more costly than imported. as a result, cheap imported foreign goods were brought by common people.
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