Social Sciences, asked by ankit1236, 1 year ago

what was the triangular trade system between india , britain, and china

Answers

Answered by friendshipmasti
25
Triangular trade refers to the trading between China, England and India during the 19th century...The British traders took opium from India to china and tea from china to England .Between India and England, trade flowed both ways.By the early 19 nth century,exports of hand-loom from India declined while the export of raw materials (silk&cotton) and food grains increased.From England, manufactured goods flowed into India leading to a decline of Indian artisanal production.
Answered by saltywhitehorse
17

The triangular trade system between China, Britain, and India started by the East India Company.

Explanation:

  • A form of triangular trade started between British, China, and India with commodities like tea, silver, and opium exchanged between the countries.
  • The British merchants took opium from India to China.
  • Tea and silver from China reached to England.
  • The trading policy was a bold plan by the British to gain profits.
  • India was merely a colony for the British to produce opium.
  • The Opium sold in China and return, got tea and silver which later exported to Britain.

Learn More:

Explain the triangular trade between india, britain and china. What were its consequences for china?

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