The british industries fluurised at the cost of indian industries Explain the staement using suitable examples? (5) marks
Answers
Answer:
1.The decay of handicraft industries: The traditional handicraft industries in India were flourishing and were known worldwide. However, with the British arriving in India, they stopped the practice of using hand crafted exports by placing tariffs on them.
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.
Explanation: