why was it difficult for east india company to produce regular supplies of goods for exports in beginning? 3 marker
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In the 1760s, it was difficult for the East India Company to ensure a regular supply of goods in India for export because the French,Dutch, Portuguese, as well as local traders competed in the market to secure woven cotton. The weaver and supply merchants could bargain and try selling the produce to the best buyer. Thus, the company faced problems of supply and high prices.
In the 1760s, it was difficult for the East India Company to ensure a regular supply of goods in India for export because the French,Dutch, Portuguese, as well as local traders competed in the market to secure woven cotton. The weaver and supply merchants could bargain and try selling the produce to the best buyer. Thus, the company faced problems of supply and high prices.
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Explanation:
1. Apart from the Britain there were other European countries like French, Dutch and Portuguese, competing for woven clothes.
2.It gave opportunity to weavers to sell their products at high rate.
3.East India Company also did not have political control to impose it's monopoly as it did later..
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