The British imposed heavy taxes on Indian industries
Answers
The most important reason for British imposing heavy taxes on Indian industries was, the industries in India had their dominant position in World market and British industries were lagging behind.
So, to improve the position of British goods in market, they imposed heavy taxes on Indian industries.
To bear these expenses, industries had to increase the prices of the goods, where Britain goods were cheaper.
As a result, Indian goods lost their market and British industries started to flourish.
Answer:
(1) The British introduced new revenue system with the sole purpose increase their income.
(2) The taxes were forcibly collected from the farmers.
(3) British goods were sold in India to gain profits.
(4) They imposed heavy taxes on the goods made by local industries.
(5) This trade policy ruined Indian handicraft and textile industries.
(6) Many artisans became unemployed.The British imposed heavy taxes on Indian industries with the sole purpose to ruin the Indian economy.
Explanation:
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