Question

what happened to the weavers after de industrilisation​

Answer 1

Answer:

The reduction in the supply of grain resulted in the rise of its prices. This rise in prices and negative supply shock led to a rise in the nominal wages in the cotton and weaving industry. The increased competition from British cotton and rising nominal wages reduced the profitability of the cotton industry of India

Answer 2

After the de industralisation the price of the goods are increases.

Explanation:

• The supply of the grains are reduced, so the price of the product was decreased.
• Negative supply of the grains and increases the price also increase the nominal wages in the cotton and weaving industries.
• The increased competition between native and British cotton industries leads to rising nominal wages.
• And also reduced the profitability of the cotton industry of India.
• The decline of the cotton industry leads to decline the india's GDP growth under the british rule.
• In weaving industries the wages are drastically reduced both weavers and also spinners.
• The de industralisation occur duing the 18th and 19th century.

To Learn More...

1.How did the industrial revolution in britain lead to de industrialization in 19th century in india​

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