CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
5
You visited us 5 times! Enjoying our articles? Unlock Full Access!
Question

Write True or False against the statement: The American Civil War resulted in the reduction of cotton exports from India.


Open in App
Solution

The American Civil War resulted in the reduction of cotton exports from India.

Answer: False

  • On the Contrary, the civil war in America resulted in an increase of cotton exports from India to Britain.
  • Due to the civil war in America, cotton supplies from the US to Britain were disrupted.
  • Hence Britain turned to India to meet the cotton supplies for its industry.
  • The price of raw cotton shot up in India, as the raw cotton exports from India to Britain increased during this period.
  • Cotton weavers in India did not have sufficient supply of raw cotton due to increased exports from India. Cotton Weavers in India had to pay exorbitant prices for buying raw cotton.

flag
Suggest Corrections
thumbs-up
10
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Commercialisation of Agriculture and Moneylenders
HISTORY
Watch in App
Join BYJU'S Learning Program
CrossIcon