Question

How industrial revolution marked a change in indian economy setting

Answer 1

Dear Student,

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Following are the changes industrial revolution marked on Indian economy setting:

Foreign goods started flourishing the Indian market.
The demand for foreign goods increased as the Indian goods like clothes were costly.
The production of Indian goods slowed down as they were being produced in a small no. and took a lot of time to be produced.
The quality of English goods were better than the Indian goods.
People in the Indian market started facing loses and even lost jobs.

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