two restrictions imposed on merchants in the 19 th century.
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1.The merchants were barred to trade with europe in manufactured goods.
2.They mostly had to export raw materials and food grains.
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2.They mostly had to export raw materials and food grains.
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Restrictions imposed by british government upon indian merchants are given below :
(1). The space within which Indian merchants could function, became limited.
(2). They had to export mostly raw materials and food grains, raw cotton, opium, wheat and indigo required by the British.
(3). Till the first world war, European Managing Agencines controlled a large sector of indian industries.
(4). They were barred from trading with European in manufactured goods.
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