Question

why did our traditional cotton Industries facing some problem during colonial period​

Answer 1

Being essentially Indian in origin, cotton industry was started, financed, and managed by textile magnates who combined their traditional commercial activities with new industrial enterprise through a unique system of industrial management—the Managing Agency System (MAS).

Of course, this provided the constant inflow of the commercial capital in the industry through its ‘commercial nexus’ but, at the same time, the system had retarded the growth of the ‘industrial specialists’.

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Answer 2

Answer:

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