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What impact did the rise of a powerful class of manufacturers have on India?
- a)It alienated itself from the Company’s trading activities in India.
- b)This class attacked the trade monopoly of the Company in India.
- c)This class shifted its interest from India to Africa.
- d)None of these.
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
What impact did the rise of a powerful class of manufacturers have on ...
The Rise of Manufacturers in India
The emergence of a powerful class of manufacturers in India during the colonial period had significant implications for the socio-economic landscape of the country. This class, often referred to as the indigenous industrial bourgeoisie, began to challenge the dominance of the British East India Company.
Challenging the Trade Monopoly
- Economic Independence: The rise of local manufacturers fostered a sense of economic independence among Indians. These manufacturers started producing goods that were previously imported from Britain, reducing reliance on British products.
- Competition with the Company: The new class of manufacturers directly attacked the trade monopoly of the East India Company. They sought to produce textiles, iron, and other goods, which had traditionally been dominated by British imports. This competition threatened the profitability of the Company's trade practices.
Social and Political Awakening
- National Consciousness: The efforts of these manufacturers were not just economic; they also sparked a national consciousness. As they sought to promote Indian goods, they encouraged a sense of pride in indigenous crafts and industries.
- Political Mobilization: This economic challenge led to greater political mobilization among the Indian populace. The manufacturers often aligned with political movements pushing for greater rights and freedoms, further challenging British authority.
Conclusion
The rise of a powerful class of manufacturers significantly impacted India's economy and society. By attacking the trade monopoly of the East India Company, they not only contributed to economic self-sufficiency but also played a crucial role in the broader struggle for independence. This shift laid the groundwork for future movements aimed at decolonization and economic reform in India.
The emergence of a powerful class of manufacturers in India during the colonial period had significant implications for the socio-economic landscape of the country. This class, often referred to as the indigenous industrial bourgeoisie, began to challenge the dominance of the British East India Company.
Challenging the Trade Monopoly
- Economic Independence: The rise of local manufacturers fostered a sense of economic independence among Indians. These manufacturers started producing goods that were previously imported from Britain, reducing reliance on British products.
- Competition with the Company: The new class of manufacturers directly attacked the trade monopoly of the East India Company. They sought to produce textiles, iron, and other goods, which had traditionally been dominated by British imports. This competition threatened the profitability of the Company's trade practices.
Social and Political Awakening
- National Consciousness: The efforts of these manufacturers were not just economic; they also sparked a national consciousness. As they sought to promote Indian goods, they encouraged a sense of pride in indigenous crafts and industries.
- Political Mobilization: This economic challenge led to greater political mobilization among the Indian populace. The manufacturers often aligned with political movements pushing for greater rights and freedoms, further challenging British authority.
Conclusion
The rise of a powerful class of manufacturers significantly impacted India's economy and society. By attacking the trade monopoly of the East India Company, they not only contributed to economic self-sufficiency but also played a crucial role in the broader struggle for independence. This shift laid the groundwork for future movements aimed at decolonization and economic reform in India.
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What impact did the rise of a powerful class of manufacturers have on India?a)It alienated itself from the Companys trading activities in India.b)This class attacked the trade monopoly of the Company in India.c)This class shifted its interest from India to Africa.d)None of these.Correct answer is option 'B'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about What impact did the rise of a powerful class of manufacturers have on India?a)It alienated itself from the Companys trading activities in India.b)This class attacked the trade monopoly of the Company in India.c)This class shifted its interest from India to Africa.d)None of these.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What impact did the rise of a powerful class of manufacturers have on India?a)It alienated itself from the Companys trading activities in India.b)This class attacked the trade monopoly of the Company in India.c)This class shifted its interest from India to Africa.d)None of these.Correct answer is option 'B'. Can you explain this answer?.
What impact did the rise of a powerful class of manufacturers have on India?a)It alienated itself from the Companys trading activities in India.b)This class attacked the trade monopoly of the Company in India.c)This class shifted its interest from India to Africa.d)None of these.Correct answer is option 'B'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about What impact did the rise of a powerful class of manufacturers have on India?a)It alienated itself from the Companys trading activities in India.b)This class attacked the trade monopoly of the Company in India.c)This class shifted its interest from India to Africa.d)None of these.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What impact did the rise of a powerful class of manufacturers have on India?a)It alienated itself from the Companys trading activities in India.b)This class attacked the trade monopoly of the Company in India.c)This class shifted its interest from India to Africa.d)None of these.Correct answer is option 'B'. Can you explain this answer?.
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