Question

write a short note on firms trading in timbre
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Answer 1

Answer:

Firms trading in timber/forest produce

The reservation policy of the British affected the prospects of many firms trading in timber and forest produce.

The new policy required them to not cut trees and collect timber. This timber was required by the British to construct their ship and railway sleepers.

They were barred from collecting other forest products such as ivory, herbs, silk, coconuts, bamboo, spices, fibers, gums, resins etc. for trading.

Their trading career was over which was totally based on forest produce.

The European trading firms got the sole right to trade in the forest products of certain areas as permitted by the British Government

Explanation:

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