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Q.

Which is the correct reason for the decline of Indian textiles in the 19th century?


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An Intiative by Sri Chaitanya

a

Simultaneously, industrialists persuaded the East India Company to sell British manufacturers in the Indian market as well.

b

The export market for the Indian cotton weavers collapsed, and the local market shrank, glutting Manchester imports.

c

The imported cotton goods were cheap, and our weavers could not compete with them.

d

All of the above. 

answer is D.

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Detailed Solution

As cotton ventures were created in England, modern gatherings started to compress the Government to force import obligations on cotton materials so Manchester merchandise could sell in Britain without contesting from outside. Simultaneously, industrialists convinced the East India Company to sell British fabricates in the Indian market. Products of British cotton merchandise expanded decisively in the mid-nineteenth hundred years. The product market for the Indian cotton weavers fell, and the neighbourhood market shrank, being glutted with Manchester imports. The imported cotton merchandise was modest, and our weavers couldn't contend with them. At the point when the American Civil War broke out, the cotton supplies to Britain from the US were cut off.
 
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