History, asked by HardikJain23, 10 months ago

What led to the economic crises in Bengal?​

Answers

Answered by sylviastewart2312
10

Answer:

The Bengal Bubble, caused by the increasing overvaluation of the East India Company stock between 1757 and 1769, led to the Great East Indian Crash, a major financial crisis that occurred in 1769. The bubble and crash occurred in the wake of the conquest of Bengal by the East India Company in 1757 by Robert Clive.

Mark me as the brainliest

Explanation:

Answered by Anonymous
12

Answer:

Bengal started facing deep economic crisis and artisans started deserting the villages. Peasants were unable to pay their dues, artisanal production declined and agricultural cultivation collapsed. In 1770, one-third of the population of Bengal was wiped out due to a terrible famine.

Similar questions