Question

the port of Surat declined by the end of 18th century describe it

Answer 1

The port of Surat declined by the end of 18th century, because the entry and growing of european companies in india.

Explanation:

• In 18th century the local merchants are occupied the surat port to sell their product.
• After the entry of european companies the trade of local merchants were declined at surat port.
• Surat port is the oldest port.
• European companies gradually increase the power in trade.
• Enhancement of trade is leads to improve the sea trade in india.
• Local courts gives the more concession to the european trades.
• It also enhance the monopoly rights to europeans and at the same time decrease the rights of local trades in surat port.
• So, at the 18th century the port of surat is declined.

To Learn More...

1.The port of Surat declined by the end of the 18th century explain three causes

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Answer 2

Answer:

the port of Surat declined by the end of 18th century because

1. the network of export trade that is financing produce a production carrying goods and supplying exporters control by the Indian merchant and the banker from the port of Surat broke down after the 1750.
2. the European companies gradually gained power first by securing concession and then by Monopoly right to trade and finally through political control.
3. export from Surat port fell dramatically the credit that finance trade begin drying up and local bankers slowly went bankrupt by 1740 trade that passed Surat slum from rupees 16 million to 3 million.
4. increased in a conical power lead to growth of the newport Bombay trade through newport came to be controlled by European companies and was carried in European shape all trading houses to survive had to operate within a network step by European trading companies rise of Bamboo pot was marked by decline of report.