Question

How did the policy of “one way free trade” contribute to the decline of the Indian textile industry ?

Answer 1

The act of 1720 prohibited the use of Indian textiles in England.As a result Indians only imported goods at a nominal duty and the export of goods ceased. It hampered the employment generation in India and the manufacturing towns of Dhaka and murshidabad became desolate

Answer 2

Answer :-

(i) The act of 1720 prohibited the use of Indian Textiles in England .

(ii) As a result Indians only imported goods at a heavy custom duty and the export of goods ceized .

(iii) It hamperd the Employment generation in india and the manufacturing towns of Deccan and Murshidabad became desolate .