10th Class Social Science The Age of Industrialisation Question Bank 10th CBSE Social Science The Age of Industrialisation

  • question_answer
    How were weavers affected by the monopoly rights of trade by East India Company?

    Answer:

                    (i) The weavers of India were given loans to purchase the raw material for their production. (ii) As loans flowed in and the demand for fine textiles expanded, weavers eagerly took advances, hoping to earn more. (iii) Many weavers had small plots which they had earlier cultivated along with weaving, and the produce from this took care of family needs. (iv) Now they had to lease out the land and devote all their time to weaving. (v) Weaving, in fact, required the labour of the entire family with their children and women all engaged in different stages of the process. (vi) The price which they received from the Company was miserably low and the loans they had accepted tied them to the company.


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