Question

Explain the impact of british monopoly in trade over indian weavers

Answer 1

Cotton weavers in India faced two problems.
1) British machine-made goods flooded Indian market. So for Indian weavers export market collapsed and local market shrank.
The imported textile goods were so cheap that Indian goods could not compete with them. Indian weavers presented a picture of decline and desolation.
2) Indian weavers could not get sufficient supply of raw cotton of good quality. Raw cotton was exported, so price of raw cotton went up. Indian weavers were forced to buy raw cotton at exorbitant price. In this situation they could hardly make any profit.