88 Views

Explain the condition of trade and commerce and industry before arrival of british rule


Mm Sohail khan 20th Jul, 2022
Answer (1)
bhumika tiwari 20th Jul, 2022

Hi there.

India enjoyed great prosperity in the handicrafts, textile, metal, and precious stone industries prior to the arrival of the British. Due to their high level of craftsmanship and superb quality, these completed items were in demand on the international market. With the beginning of systematic de-industrialization, however, the British invaded the Industrial sector. As colonisers concentrated on expanding the British market, India was reduced to being an exporter of raw resources and an importer of completed goods.

Since ancient times, India has a reputation for trading high-quality raw resources and finished commodities. However, the British government's restrictive measures, such as tariffs, had an impact on international commerce. Composition, structure, manufacturing, and export volume all suffered as a result.

Related Questions

Amity University-Noida B.Tech...
Apply
Among top 100 Universities Globally in the Times Higher Education (THE) Interdisciplinary Science Rankings 2026
Greater Noida Institute of Te...
Apply
NAAC A+ Accredited | Highest CTC 70 LPA | Average CTC 6.5 LPA | 400+ Recruiters
Vignan's Deemed to be Univers...
Apply
70th University Ranked by NIRF | 80th Engineering Rank by NIRF | Accredited by NBA and NAAC A+
Amity University-Noida BBA Ad...
Apply
Among top 100 Universities Globally in the Times Higher Education (THE) Interdisciplinary Science Rankings 2026
UPES B.Tech Admissions 2026
Apply
Last Date to Apply: 28th Feb | Ranked #43 among Engineering colleges in India by NIRF | Highest Package 1.3 CR , 100% Placements
Mangalmay Group of Institutio...
Apply
NAAC "A" Grade accredited institute
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books