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Q.

Is it true that British manufacturers flooded the Indian market with British goods in the 19th century?


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a

True

b

False 

answer is A.

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Detailed Solution

The above statement is true. British manufacturers flooded the Indian market with British goods in the 19th century.
Food grains and raw materials were exported from India to Britain. India, an exporter of finished hand-woven textiles and muslin, had been forced by the Britishers to import the finished goods from factory production. These mass-produced items were cheaper than hand-woven goods. In this way, Britain, which had a trade deficit with India before the Industrial period, had a trade surplus in the nineteenth century. Britain used this trade surplus to manage its deficit with other countries, which helped it to grow and prosper.
 
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Is it true that British manufacturers flooded the Indian market with British goods in the 19th century?