Question

How did trade monopoly affect the weavers in India

Answer 1

trade monopoly effect the indian weavers by opening trade gates for British persons. because their were many buyers but only one seller EEIC.and buys clothes from indian weavers in less price and sell them at high rates.and demand for better and more clothes

Answer 2

The trade monopoly affected the weavers as the British became the single seller in the market.

Explanation:

• After establishing power in India, East India Company asserted monopoly of trade.
• They ensure the regular supply of cotton to industries in England.
• By the 19th-century, Britishers' flooded machine-made textile in the Indian market.
• Weavers in India began to lose their hold in the market because of the price and quality of the machine good were cheaper.
• Weavers also found it difficult to obtain raw cotton because they became expensive as the export of cotton increased.

Learn More:

How did trade monopoly affect the weavers in India?

brainly.in/question/12329533