What happened when britian turn to india for the supply of raw cotton
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Shortage of raw material: - As raw cotton was being exported to England, there was a shortage of raw materials. When the American Civil War broke out, and the cotton supplies from the United States were cut off. Britain turned to India. As raw cotton exports from India increased, the price of raw cotton shot up.
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Britain turned to India. As raw cotton exports from India increased, the price of raw cotton shot up. Weavers in India were starved of supplies and forced to buy raw cotton at exorbitant prices
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