How did the Indian enterpreneurs accumulate the wealth, which was invested by them in new enterprise ?
Answers
Answered by
3
Answer:
Many of the Indian entrepreneurs provided services like finance, supply procurement and shipping of consignments in this trade. ... In Bombay, industrialists like Dinshaw Petit and Jamsetjee Nusserwanjee Tata accumulated capital partly through the trade with China and partly through the raw cotton trade with England.
Answered by
1
Answer:
Many Indian entrepreneurs earned huge capital from China trade- the trading of opium to China and taking tea from China to England. The Company employed many Indians as junior players in this trade. ... Capital was also accumulated through other trade networks.
Explanation:
Similar questions