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Q.

Colonial India had become an ____ of agricultural products and an importer of manufactured goods by the 20th century.


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Detailed Solution

Colonial India had become an exporter of agricultural products and an importer of manufactured goods by the 20th century. A crisis in one region quickly spreads to others, impacting people's lives, economies, and societies elsewhere. The Great Depression immediately impacted Indian trade. Also, the discriminative policies of the British made India export only raw materials and import finished goods from Britain.
 
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Colonial India had become an ____ of agricultural products and an importer of manufactured goods by the 20th century.