Question

Why had indian cotton export market collapsed and the local market shrank in the beginning of 19th century(5 marks)?

Answer 1

Exports of British cotton goods increased dramatically in the early 19th century. By 1870s cotton, piece-goods constituted over 50 percent of the value of Indian imports. For the cotton weavers in India, their export market collapsed and the local market shrank, being glutted with Manchester imports.

Answer 2

Explanation:

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