8th Class Social Science Arts and Cultural Movements Question Bank Crafts and Industries - Long answer Type Question

  • question_answer
    How did the 'one way free trade' make matters worse?

    Answer:

    Matters became worse for the Indian craftsmen when the British government in traduced the 'one way free trade'. Every country charges a tax or duty when goods are imported. The British abolished the duty on goods entering India. The British goods thus became cheaper and this ruined the domestic market for Indian goods. At the same time, the Indian goods going into Britain were taxed heavily making them more expensive .Consequently, even the foreign market for Indian goods was badly affected.


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