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Causes of Poverty

After Industr...

Question

After Industrial Revolution in Britain, India became the country that supplied raw materials and the market where finished goods were sold.

A

False

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B

True

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Solution

The correct option is B True

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Q. The 'Industrial Revolution' in England transformed India from a supplier of finished products to a supplier of raw materials because_________.

Q. _____ provided raw materials to produce finished goods in Britain.

Q. Assertion [A]: Vladimir Lenin, the Russian revolutionary politician and the founder of Russian Communist Party said that imperialism is the highest stage of capitalism.

Reason [R]: The colonies not only served as the major source for raw materials but also became the market for finished goods.

Q. What considerably reduced the distance between India and Europe helping Indians secure raw materials for their industries and connecting markets for their manufactured goods?

Q. _____ is essential to procure raw materials from the sources to the industry and transfer the finished products to the market.

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