Question

name some promint Industries that suffered due to the British financial policy​

Answer 1

Answer:

Explanation:

1.The decay of Handicraft Industries: The traditional handicraft industries in India was flourishing and was known worldwide. But with British arriving in India, they stopped the practice of using handicraft export by placing tariffs on exports.

Also, there was stiff competition from the machine-made products. With the introduction of Railways, the reach of British products increased to every corner of the country. All these factors led to the downfall of textile and handicraft industries in India.

2. Slow Growth of Modern Industries: The presence of a lopsided infrastructure resulted in the limited or slow growth of enterprises. Besides, there was a scarcity of basic and heavy industries that hindered the growth