how were cottage industries affected by the British policy of economic exploitation ?
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Explanation:
India was forced to export, at cheaper rates, raw materials like cotton and raw silk that the british industries needed urgently;plantation products like indigo and tea and food grains which were in short supply in britain. The indian handmade goods were unable to compete with the machine made britush goods.
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3
A decline of the cottage industry of India.
Explanation:
- Colonial government's economic policies were very much concerned with the protection and promotion of Britain's economy.
- India has always been a part of the cottage industry.
- As soon as the Industrial Revolution began in Britain, the people of Britain required raw material to run the factories.
- Britain took the raw material from its colonies at a low price and then sold machine manufactured goods in India at cheap rates.
- People prefer buying British manufactured goods on Indian goods.
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What is cottage industries give two examples of cottage industry
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