Business Studies, asked by sharoncherian347, 1 year ago

Factors responsible for decline of cotton textile industry in india:

Answers

Answered by yuvraj309644
2

Explanation:

When the American Civil War broke out the cotton supplies to Britain from US were cut off. As raw cotton export from India increased, the prices of raw cotton shot up. Weavers in India were starved of supplies and forced to buy raw cotton at exorbitant prices.

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