History, asked by chahalrobin4040, 10 months ago

Q. 8. How did the American Civil
War affect the lives of ryots in India ? :

Answers

Answered by yogichaudhary
5

Answer:

✔(a) Britain was heavily dependent on America for its supply of raw cotton. To reduce this dependency they were always on the lookout for alternative sources of supply.

✔(b) For this purpose they established the Cotton Supply Association in 1857 and the Manchester Cotton Company in 1859. The objective of both was to encourage cotton production in all parts of the world especially India.❤☺️❣

Answered by Anonymous
6

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→ Trading with India was highly profitable.

→ The European trading companies purchased goods at cheaper and sold them in Europe at the higher prices.

→ The fine qualities of cotton and silk produced in India had a big market in Europe .

→ Indian spices like - pepper, cloves, cardamon and cinnamon were in great demand in Europe.

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