How trade and industry suffered during the time of British ?
Answers
Explanation:
Indian goods made with primitive techniques could not compete with goods produced on a mass scale by powerful steam-operated machines. The development of railways enabled British manufactures to reach and uproot the traditional industries in the remotest villages of the country.
Answer:
Woollen and silk items were also in huge demand. All this development brought untold miseries in England and other parts of Europe. Firstly, import of Indian goods destroyed the prospect of woollen and silk industries. Secondly, unemployment and suffering among the weavers mounted up. Thirdly, change in the composition of India’s trade led to the export of treasure from England to India.
Woollen and silk items were also in huge demand. All this development brought untold miseries in England and other parts of Europe. Firstly, import of Indian goods destroyed the prospect of woollen and silk industries. Secondly, unemployment and suffering among the weavers mounted up. Thirdly, change in the composition of India’s trade led to the export of treasure from England to India.To counteract these unhappy developments, some measures were taken to pacify the British nationals, but with little relief. Ultimately, the way out was found through legislations. Acts were passed, first in 1700, then again in 1720, to prohibit or restrict import trade of Indian cotton good, silks, calicos, etc., by total prohibition or by imposing heavy duties. As these measures did not yield desired result, one British author commented in 1728: “two things amongst us are ungovernable: our passions and our fashions”.
Explanation: