History, asked by Anwekhaborua, 1 month ago

How did the American Civil War affect the lives of ryots in India?​

Answers

Answered by uttamjat07
1

Answer: please mark me brainlist

Explanation:

The American Civil War affected the lives of ryots in India in the following ways :

  • In the beginning, as a result of civil war, the imports of cotton from America fell from over 2,000,000 bales in 1861 to 55,000 bales in 1862. The Britain looked towards to fill the gap. Thus, export merchants in Bombay were keen to avail this opportunity to earn maximum. The advances to urban sahukars, moneylenders and ultimately to the ryots were provided. This led to increase in cotton production. The ryots were given ? 100 as advance for every acre they planted with cotton. The cotton export to Britain increased but this did not bring prosperity for all. Some rich peasants gained but for the majority of cotton producers including the ryots, cotton expansion led to heavier debt.
  • The end of war again affected the ryots badly because with the revival of cotton production in America, the Indian exports declined. The sahukars were no longer interested in extending long-term loans. The demand for cotton had reduced, cotton prices slided downwards. It hit the ryots badly.
  • At the same time, under the new settlement for revenue, the demand was increased from 50 to 100 per cent. Under the conditions of falling prices and reduction in the growth of cotton in the absences of loans, it was not possible for the ryots to make payment of the inflated demand. Once again they had no option except to take loan from the moneylender but they refused to extend loans. This made the condition of ryots miserable and ultimately led to riots.
Similar questions