Answer:
(i)
British first came to trade in Indian textiles that were in great demand all
over the world.
(ii) India accounted for one-fourth of the world's manufactured goods in the
17th century.
(iii) There were a million weavers in Bengal alone in the
middle of the 18th century.
However, the Industrial Revolution in Britain, which mechanized
spinning and weaving and greatly increased the demand for raw materials such as
cotton and Indigo, changed India's status in the world economy.
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