Economy, asked by ramlal7778, 1 year ago

Why could british not recaptue the hold on the indian market?

Answers

Answered by kashishkhandelwal
0
During the war British mills were busy in war production to meet the needs of the army, Manchester’s imports into India declined.
(ii) After the war. Manchester could never recapture its old position in the Indian marker. Unable to modernise and compete With the United States. Germany and Japan,the economy of Britain crumbled after she war. Cotton production collapsed, and exports of cotton cloth from Britain fell dramatically.
(iii) Within the colonies, local industrialists gradually consolidated the position, substituting foreign manufactures and capturing the home market.
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