Free trade with Britain led to de-industrialisation in (up to 1880s) India due to which of the following reasons 1. Free trade was only one-sided as Indian goods were still charged with heavy levies. 2. Indian hand made goods were at disadvantage competing with machine-based British goods. 3. Indian goods were never popular in the western market and Indian weavers had thrived only on the Indian market. Select the correct answer using the code given below. ?

1 only
1 and 2 only
1, 2 and 3
3 only

LohaHridoy

4 views

2025-01-04 04:42

1 Answers

AhmedNazir

Option 2 : 1 and 2 only

The correct answer is 1 and 2 only.

Free trade with Britain

Free trade was only one-sided as Indian goods were still charged with heavy levies because while import to India was free, Indian goods were charged at very high duty (like 66.5% on muslin) in Britain. Hence statement 1 is correct.
Industrial Revolution in England made the cost of foreign goods cheaper. Hence statement 2 is correct.
In spite of higher prices, Indian goods (especially muslin, silk etc.) were very popular in England. Hence statement 3 is not correct.

4 views Answered 2022-09-04 04:29

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