Question

Select the reason(s) why the industries declined in India during the British colonial rule?

• A. Imposition of unfair taxes on exports.
• B. Fixed product price for the work of Indian artisans.
• C. The trade policies of British made artisans rich.
• D. Forcing artisans to sign unfair contracts.

Answer 1

Answer: (A), (B), (D)

Forcing artisans to sign unfair contracts.

<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> The export economy was killed by the imposition of unfair taxes. In addition to this, artisans were forced to sign unfair contracts where the price of their products were fixed. They were punished if they refused to sign such contracts. The Indian artisans became poor and unemployed.