The decline of Indian industry
The decline of Indian industry
The Decline of Indian Industry:With more and more parts of urban and rural India, coming under the rule of the East India Company, the exploitative character of the British rule was exposed. The company's monopolization of trade was getting stronger . although , agriculture was the main occupation , there was no dearth of handicrafts , calico,muslin, wool silk products.Metal work of iron, steel , copper , brass , gold and silver were also in a great demand.
In seventeenth century , trade with European nations was in favour of India as we exported large quantities of fine cotton , silk fabrics , spices , Indigo, drugs,precious stones and handicrafts.unfortunately, the company's policy destroyed crafts, cottage industries and artisanship of India.
The establishment of British rule in India resulted in the slow but steady decline of local industries, And Indian artisans lost a large chunk of their market . changes in the British trade policy forced the Indian craftsmen and artisans to give up their traditional livelihood . No doubt, the industrial revolution (1760-1830) in Britain and other European countries was also one of the reasons responsible for de-industrialization of India . all these factors started the process of ruining the traditional handicrafts and the decline in the national income of India. there is a reasons of decline of industry are as follows:
___________________ started producing machine made goods and textiles that were made cheaper than Indian goods during the Industrial Revolution | |||
| Right Option : B | |||
| View Explanation | |||
The decline of Indian Handicrafts industry in the 19th century was attributed to ________________________ | |||
| Right Option : D | |||
| View Explanation | |||
List the causes of decline of Indian industry: | |||
| Right Option : D | |||
| View Explanation | |||
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