SSC MTS EXAM

SSC

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Decline of handicrafts industries led to:
A
Export of finished goods
B
Massive unemployment
C
Both (a) and (b)
D
None of the above
Explanation: 

Detailed explanation-1: -Decline of Indian handicrafts resulted in massive unemployment and artisans were forced to take up agriculture for their livelihood this increased the burden of population in agriculture sector. The decline of Indian handicrafts created a vaccum which could be filled by the import of British manufactures only.

Detailed explanation-2: -Indian handicrafts that had made the country famous collapsed under the colonial rule. This was mainly due to the competition posed by the machine-made goods that were imported from Britain by the British rulers. The British had Indians produce the raw materials for the production of British goods.

Detailed explanation-3: -Due to Lack of patronage, Growing craze for imported goods, Stiff competition from the machine-made goods of England, Indian handicrafts rapidly declined.

There is 1 question to complete.