THE establishment of British rule in India resulted in slow but steady decline of local industries '. explain .
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Yes, the establishment of British rule in India resulted in a slow but steady decline of local industries.
Explanation:
- The de-industrialization cycle is a structural change in which jobs in manufacturing decreases due to various economic or political reasons. It resulted in a decline in the colonies' indigenous cotton industry, and the domestic activities associated with Indian cotton production were down.
- The collapse of the Indian cotton industry is one of the key factors behind the British Rule's decrease in Indian GDP. The decrease in manufacturing employment is also accompanied by a reduction in the share of manufacturing value-added to GDP.
- The de-industrialization cycle can be due to economic development and growth, and can also be due to political factors.
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