History, asked by vidyavilasini5562, 1 year ago

Why got Manchester never recaptured its old position in the Indian market after the first world war

Answers

Answered by Gagan5359
1
Unable to modernise and compete with the US, Germany and Japan, the economy of Britain crumbled after the war.

Cotton production collapsed and exports of cotton cloth from Britain fell dramatically.

Within the colonies, local industrialists gradually consolidated their position substituting foreign manufacturers and capturing the home market

hope it helps....
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