Social Sciences, asked by meenakshireddy4623, 1 year ago

Why local bankers slowly went bankrupt

Answers

Answered by tanusrig235
2

Answer:

First, they acquired trading concessions from local rulers, then monopolised rights to trade. (ii)This resulted in the decline of the old ports of Surat and Hoogly. (iii)Exports from the old ports fell dramatically and local bankers slowly went bankrupt.

Explanation:

please make me as bainlest pls

Similar questions