Indian trade had played a crucial role in the late nineteenth-century world economy."" Analyze the statement.(All India-2019)
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Answer:
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Explanation:
⇒Really, India played a crucial role in the late 19th century world economy. ... Britain's trade surplus in India also helped pay the so-called 'home charges' that included private remittances home by 3ntish officials and traders, interest payments or. India's external debt, and pensions of British officials in India.
Answered by
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Indian trade had played a crucial role in the late 19th century because during this time period, the rate of the import and the export activities are increasing day by day.
Explanation:
- In the late 19th century, the country experienced a boom in the economic conditions and the rate of the import and the export activities have been increased.
- The economic conditions have produced several industrialists which had helped the country to improve the trading activities between India and the other countries.
To know more:
1) Write a short note on foreign trade of india
https://brainly.in/question/12884596.
2) Describe any three features of indian tourism as a trade
https://brainly.in/question/7298957
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