Question

The part of Surat and Hoogly declined by the end of 18th century explain?​

Answer 1

Answer:

The port of Surat declined by the end of the eighteenth century on account of the growing power of European companies in trade with India. ... This led to a decline of the old ports of Surat and Hoogly from where local merchants had operated. Exports slowed and local banks here went bankrupt.

Explanation:

Answer 2

Hi mate,

The European companies gradually gained power first securing a variety of consussions from local courts, then the monoply rights to trade.This resulted in a decline of the old parts of Surat and Hoogly.

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