How did trade monopoly affect the weavers in India?
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British machine-made goods flooded Indian market. So for Indian weavers export market collapsed and local market shrank. The imported textile goods were so cheap that Indian goods could not compete with them. Indian weavers presented a picture of decline and desolation.
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➡️British machine-made goods flooded Indian market. So for Indian weavers export market collapsed and local market shrank. The imported textile goods were so cheap that Indian goods could not compete with them.
➡️Indian weavers could not get sufficient supply of raw cotton of good quality.
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