How did the industrial revolution in England affect indian industries?
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Industrial revolution in England affected India's economy after the East India Company established political power. It asserted a monopoly right to trade. It proceeded to develop a system of management and control that would eliminate competition, control costs, and ensure regular supplies of cotton and silk goods.
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Answer:
Industrial revolution in England affected India's economy after the East India Company established political power. It asserted a monopoly right to trade. It proceeded to develop a system of management and control that would eliminate competition, control costs, and ensure regular supplies of cotton and silk goods.
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