Industrial Revolution on Indian economy? 5 marks
somali03:
Do u mean industrial revolution in India or Britain..?
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If Britain then,
- Foreign goods started flourishing the Indian market.
- The demand for foreign goods increased as the Indian goods like clothes were costly.
- The production of Indian goods slowed down as they were being produced in a small no. and took a lot of time to be produced.
- The quality of English goods were better than the Indian goods.
- People in the Indian market started facing loses and even lost jobs.
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