Balbharati solutions for Economics HSC 12th Standard Maharashtra State Board
Chapter 10: Foreign Trade of India
Q.5. State with reason whether you agree or disagree with the following statement:
1. During British rule, indigenous handicrafts suffered a severe blow.
Options
Agree
Disagree
YES I Agree with the above statement.
Explanation:
a. Before 1947, the pattern of India's foreign trade was typically colonial. India was a supplier of raw materials to the industrialized nations, particularly England and importer of manufactured goods.
b. This dependence on foreign trade did not permit industrialization at home. As a result, the indigenous handicrafts suffered a severe blow.