Question

“Over the 19th century, Britain manufactures flooded the Indian market.”Why?​

Answer 1

Explanation:

India wears were forced to buy cotton at very high price (5) by the end of 19th century factories in indian became productions and flooded the market with machines goods. this create the problem of survival for weaving industrie

Answer 2

Over the 19th century, Britain manufactures flooded the Indian market.

Explanation:

• In 1813 the in 1813 the trading monopoly of the East India Company had been withdrawn and this commercial policy by Britain threw open India to all by which India was reduced from a major exporting nation to an importing nation
• During the 19th century British manufacturers had flooded the Indian market. This was because the British exports' value to India was more than the  British imports value from India
• Indian market then became flooded with British's machine-produced goods at a lower price and in addition witnessed the loss of its export markets.
• Therefore Britain had a lot of trade surplus. Britain used this trade surplus for balancing its trade deficits with those nations where Britain was importing more than exporting goods.
• This way India played a vital role in helping Britain in balancing its trade deficits in the 19th century