Impact of Decline of Handicraft Industries
The decline of indigenous handicraft industries under British rule created which impact?
- Massive employment generation
- Massive unemployment and new demand for British goods — Correct Answer
- Growth of modern industries
- Increase in per capita income
Explanation:
Correct Answer Explanation
The decline created massive unemployment and a new demand in the Indian consumer market, met by cheap manufactured goods from Britain.
Key Points:
- No corresponding modern industrial base was allowed to replace handicrafts.
- India's world-famous industries were systematically destroyed.
- Double blow: loss of livelihoods + dependence on British imports.
📚 About this Topic — CH-1: INDIAN ECONOMY ON THE EVE OF INDEPENDENCE
This multiple choice question is from CH-1: INDIAN ECONOMY ON THE EVE OF INDEPENDENCE, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-1: INDIAN ECONOMY ON THE EVE OF INDEPENDENCE to strengthen your preparation.
