why didn't the trade with England benefit indian economy?
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Answered by
35
The British came to India as they discovered the cheap raw materials India produced such as the spices, cotton, scents, vegetable colors.
There trading company did not benefit the Indian economy because:
(i) The products were available in cheap prices.
(ii) India was not introduced to the international market.
(iii) Indians had limited resources.
(iv) India faced a political unrest.
(v) Merchants were not directly connected, the emperors gained the profit.
(vi) British were getting involved in the Indian politics.
There trading company did not benefit the Indian economy because:
(i) The products were available in cheap prices.
(ii) India was not introduced to the international market.
(iii) Indians had limited resources.
(iv) India faced a political unrest.
(v) Merchants were not directly connected, the emperors gained the profit.
(vi) British were getting involved in the Indian politics.
Answered by
10
the trade with England did not benefited the Indian economy as India was forced to accept price of goods send to British either duty free or at nominal duty rates while products imported from england were subjected to heavy duty
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