Question

When was the suez canal opened? How
did it affect the indian economy?​

Answer 1

Answer:

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Suez Canal was opened in 1869. Suez Canal is an artificial waterway running from North to South across the Isthmus of Suez in North-Eastern Egypt. It is one of the most important waterways in the world. Its opening reduced the cost of transportation and made access to the Indian market easier and economical.

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Answer 2

Opening of Suez Canal In 1869 served as a direct route for the ships operating between India and Britain. It reduced the cost of transportation and made access to the Indian market easier. In other words, the exploitation of Indian market was now easier. British maintained monopoly control over India's foreign trade.

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