Practicing Success
In the 18th century, the development of cotton industries in Britain resulted in _______ . |
Increase in demand of Indian textile in Britain Decline of textiles production in India Increase in demand of Indian textile in India Decrease of British textiles industries in India |
Decline of textiles production in India |
The correct answer is Option 2- Decline of textiles production in India The development of cotton industries in Britain in the 18th century resulted in a decline of textiles production in India. Prior to the development of cotton industries in Britain, India was a major exporter of textiles to Europe. However, the British cotton industry was able to produce textiles more cheaply and efficiently than the Indian textile industry. This led to a decline in demand for Indian textiles in Europe. In addition, the British government imposed tariffs on Indian textiles imported into Britain. This made it even more difficult for Indian textile producers to compete with British textile producers. The decline of the Indian textile industry had a devastating impact on the Indian economy. Millions of people lost their jobs, and the Indian economy became increasingly dependent on agriculture. |