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The chief casual factor responsible for the decline of handicrafts industry in India was
- a)Heavy duties on Indian handicrafts products
- b)High tariff on export of raw materials from India
- c)High tariff on import of British goods into India
- d)All of the above
Correct answer is option 'A'. Can you explain this answer?
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The chief casual factor responsible for the decline of handicrafts ind...
The chief casual factor responsible for the decline of handicrafts industry in India was heavy duties on Indian handicrafts products.
Introduction:
The decline of the handicrafts industry in India can be attributed to various factors. However, the primary reason for this decline was the imposition of heavy duties on Indian handicrafts products.
Explanation:
The decline of the handicrafts industry in India can be understood by analyzing the impact of heavy duties on Indian handicrafts products. This factor had a significant negative effect on the industry, leading to its decline. Let's explore this further:
1. Heavy duties on Indian handicrafts products:
- The imposition of heavy duties on Indian handicrafts products made them expensive and less competitive in the market. This discouraged both domestic and international buyers from purchasing these products.
- The high duties increased the cost of production for craftsmen, making it difficult for them to sustain their businesses. Many craftsmen were forced to give up their traditional occupations and seek alternative means of livelihood.
- Moreover, the heavy duties on Indian handicrafts products also resulted in a decline in demand for these products. This had a cascading effect on the industry, leading to a decrease in production and employment opportunities.
Conclusion:
In conclusion, the chief casual factor responsible for the decline of the handicrafts industry in India was the imposition of heavy duties on Indian handicrafts products. These duties made the products expensive, decreased demand, and affected the livelihoods of craftsmen. It is important for policymakers to recognize the significance of the handicrafts industry and implement measures to support its revival and growth.
Introduction:
The decline of the handicrafts industry in India can be attributed to various factors. However, the primary reason for this decline was the imposition of heavy duties on Indian handicrafts products.
Explanation:
The decline of the handicrafts industry in India can be understood by analyzing the impact of heavy duties on Indian handicrafts products. This factor had a significant negative effect on the industry, leading to its decline. Let's explore this further:
1. Heavy duties on Indian handicrafts products:
- The imposition of heavy duties on Indian handicrafts products made them expensive and less competitive in the market. This discouraged both domestic and international buyers from purchasing these products.
- The high duties increased the cost of production for craftsmen, making it difficult for them to sustain their businesses. Many craftsmen were forced to give up their traditional occupations and seek alternative means of livelihood.
- Moreover, the heavy duties on Indian handicrafts products also resulted in a decline in demand for these products. This had a cascading effect on the industry, leading to a decrease in production and employment opportunities.
Conclusion:
In conclusion, the chief casual factor responsible for the decline of the handicrafts industry in India was the imposition of heavy duties on Indian handicrafts products. These duties made the products expensive, decreased demand, and affected the livelihoods of craftsmen. It is important for policymakers to recognize the significance of the handicrafts industry and implement measures to support its revival and growth.
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The chief casual factor responsible for the decline of handicrafts ind...
Heavy export duties were imposed on the handicraft products with a meagre duty on British manufactured goods resulted in low demand for Indian handicrafts.
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The chief casual factor responsible for the decline of handicrafts industry in India wasa)Heavy duties on Indian handicrafts productsb)High tariff on export of raw materials from Indiac)High tariff on import of British goods into Indiad)All of the aboveCorrect answer is option 'A'. Can you explain this answer?
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The chief casual factor responsible for the decline of handicrafts industry in India wasa)Heavy duties on Indian handicrafts productsb)High tariff on export of raw materials from Indiac)High tariff on import of British goods into Indiad)All of the aboveCorrect answer is option 'A'. Can you explain this answer? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about The chief casual factor responsible for the decline of handicrafts industry in India wasa)Heavy duties on Indian handicrafts productsb)High tariff on export of raw materials from Indiac)High tariff on import of British goods into Indiad)All of the aboveCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The chief casual factor responsible for the decline of handicrafts industry in India wasa)Heavy duties on Indian handicrafts productsb)High tariff on export of raw materials from Indiac)High tariff on import of British goods into Indiad)All of the aboveCorrect answer is option 'A'. Can you explain this answer?.
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