History, asked by serena3, 1 year ago

why didn't the trade with england benefit the indian economy

Answers

Answered by kanishka51
116
Trade with England didn't benifit the Indian Economy because East India Company was a merchantile trade company. EIC also dreamt to become nawabs and rule the country. They took over almost whole India. They collected revenues from Indian people and used them in the trade.
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Answered by roshansaif0775
11

Answer:The ttade with england didn't the Indain economy as India was forced to accept the price of goods sent to British either duty free or at normal duty rates ,While products imported from England were subjected to heavy duty.

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