History, asked by Trusha11, 1 year ago

mention any 3 restrictions imposed by British government upon the Indian merchants in 19th century

Answers

Answered by steeve
15
(1) British government imposed the monopoly on the trade

(2) Company tried to eliminate existing traders connected with cloth trade

(3) Government imposed import duties on cotton textiles

(4)Gomasthas were appointed by the company who provided them loans and the weavers  were bound to sell the produce to the company only.

(5)Britain sold bulks of manchester made machine goods which were cheap so the weavers' local market shrank.

(6) As colonial control over trade tightened, the space within which Indian merchants could function became increasingly limited.

(7) They were barred from trading with Europe in manufactured goods.

(8) They had to export mostly raw materials and good grains-raw cotton, opium, wheat and Indigo- required by the British. They were also gradually edged out of shipping business.

Pick out any three!!

Trusha11: Thanks a lot!
Answered by Anonymous
4

\huge{\underline{\underline{\bf{Answer}}}}

Restrictions imposed by british government upon indian merchants are given below :

(1). The space within which Indian merchants could function, became limited.

(2). They had to export mostly raw materials and food grains, raw cotton, opium, wheat and indigo required by the British.

(3). Till the first world war, European Managing Agencines controlled a large sector of indian industries.

(4). They were barred from trading with European in manufactured goods.

Similar questions