State how Britain found it difficult to recapture the Indian market after world war 1
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Britain could not capture the Indian market after the first World war because: -
☣During the course of the war, the British factories were catering to the needs of the war, the army.
☣As imports from Britain declined Indian Industries during the war years consolidated their positions and captured home markets.
☣In India to meet the war needs like leather shoes, jute bags, uniforms new factories were set up.
☣The nationalist movement has also strengthened, boost was given to indigenous industries with Gandhi's call for swadeshi.
☣ Industrial production in India expanded.
Britain could not capture the Indian market after the first World war because: -
1. During the course of the war, the British factories were catering to the needs of the war, the army.
2. As imports from Britain declined Indian Industries during the war years consolidated their positions and captured home markets.
3. In India to meet the war needs like leather shoes, jute bags, uniforms new factories were set up.
4. The nationalist movement has also strengthened, boost was given to indigenous industries with Gandhi's call for swadeshi.
5. Industrial production in India expanded.
6. Post war economic recovery proved difficult. Britain, which was the world’s leading economy in the pre-war period, in particular, faced a prolonged crisis.
7. While Britain was pre occupied with war, industries had developed in India and Japan.
8. After the war, Britain found it difficult to recapture its earlier position of dominance in the Indian market, and to compete with Japan internationally.
9. To finance war expenditures, Britain had borrowed liberally from the US.
10. This meant that at the end of the war Britain was burdened with huge external debts
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