Laws of External Markets


 
 
Concept Explanation
 

Laws of External Markets

Laws of External Markets: There had been a great demand for Indian good in Europe. Therefore manufacturers felt threatened by this. In 1720stric laws were passed by the British government banning the import of Indian values into Britain. Popular fabrics like Dhaka and Lucknow chintz (a type of printed ability was eased out by the British textile industry. Thus, the Indian artisans also lost most of main external market

Sample Questions
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Question : 1

In _______ strict laws were passed by the British government banning the Import of Indian value into Britain.

Right Option : A
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Explanation
 
 


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