SSC
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What was the reason of decay of Indian handicrafts in the colonial period
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Competition from man-made machines
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New pattern of demand
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British tariff policy
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all of these
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Explanation:
Detailed explanation-1: -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-2: -Decline of the indigenous handicrafts created the unemployment in India. 2. It created a new demand in the Indian consumers’ market which was now deprived of the supply of the local made goods. This demand was profitably met by the increasing import of cheap manufactured goods from Britain.
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