Question

Why did the port of surat decline in the 18th century?

Answer 1

The port of Surat decline in the 18th century on account of the growing power of European companies in trade with India

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Answer 2

Explanation:

1. The British merchants had huge resources when compared to the Indian merchants. So it was difficult for them to compare with Britishers . Hence the Indian production reduced.
2. Some of the European companies had monopoly rights by which only they had authority to produce to the products and set prices according to their choice.
3. Some of the European companies gained concession through which they were able to sell their products at lower prices set by Indian merchants.