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Q.

Indian commerce started declining during the ____.


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Detailed Solution

Indian commerce started declining during the 1750s.
India was a significant player in the world textile export market in the early 18th century, but by the mid-19th century, it had lost its export and domestic markets. As a result, India experienced a long-term hollowing out of the industry. India produced about 25% of the world's industrial production in 1750, but by 1900 that figure had dropped to 2% of the fragmentation of the 18th century, shocking global prices. Rice field. We use an open three-sector model to organise our thoughts on the relative roles of domestic and foreign troops.
 
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