Question

how did many Indian entrepreneurs survive inspite of tight economic controls imposed by the British government​

Answer 1

Explanation:

Indian entrepreneurs survived despite tight economic controls imposed by the British government by

1. Many Indian merchants became junior partners with the British by providing finance, shipping consignments and buying supplies. Indian merchants were particularly active collaborators with the British in the opium trade with China.

2. Indian merchants traded within India or with neighbouring countries like Burma, Middle East and East Africa.

3. Indian merchants started setting up their own enterprises in industries like cotton textile once opportunities for investment opened up.

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