the important of surat declined in the eighteenth century true or false
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Answer:
True is ur answer.....
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SURAT WAS THE PORT CITY
Explanation:
• By the end of the eighteenth century, the port of Surat declined because the European companies were gradually gaining strength over Trade in India.
• They got several concessions from local Indian rulers as well as the monopoly rights to trade.
• These circumstances led to a decline of the old ports of Surat and Hoogly from where local merchants had operated.
• As European companies did not want to use the old ports of Surat, Masulipatnam, and Hooghly, etc., instead they preferred Bombay.
• This caused Exports slow down and local banks went bankrupt.
Hence it is true that, Surat played an important role in the 18th century decline.
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