What were the steps taken by east indian company to negotiate trade ??
Answers
Explanation:
they imported high taxes on local artisans and craftmans
they forced farmers to sell them raw material at very low prices
they sold finished good at very high prices
that's all I could
sorry if it's too small
Answer:
*The company's monopolisation of trade was getting stronger.
*To safeguard the British cotton industry, Indian silk and cotton textiles were destroyed with imposition of very heavy duty on Indian goods.
*Promotion of British machine made articles at cheaper rates and decrease in the princely patronage.
*Changes in the British trade policy forced the Indian craftsmen and artisans to give up their traditional livelihood.
*The Industrial Revolution in Britain and other European countries was also responsible for de- industrialisation of India.