Question

How did the import of raw materials from foreign markets impact the industrial growth in India?

• A. It made raw material easily available.
• B. It made production of a few foreign items possible in India.
• C. It increased the cost of production, thus increasing the price.
• D. It decreased the prices of the goods produced.

Answer 1

The correct option is C It increased the cost of production, thus increasing the price.

Industrialisation in India was slow, especially during the British rule. Indian industries faced shortages of raw materials, energy resources, and skilled workforce. This led to the import of raw materials from foreign markets. The imports increased the production costs and were a major obstacle to the development of industries.