Decline of handicrafts industry affected the …

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

Install Now

Decline of handicrafts industry affected the Indian economy.comment

Posted by Anuj Prasad 5 years, 8 months ago

CBSE > Class 12 > Economics

3 answers

Priyadarshini Utpala Lochana Meher 4 years, 9 months ago

Decline in Handicraft Industry affected the Indian economy in the following ways - 1 - HIGH LEVEL OF UNEMPLOYMENT - The decline of handicraft industry resulted in unemployment on a mass scale . The displaced artisans were forced to take up agriculture for their livelihood . This increased the burden of population on village and overcrowding in agriculture . 2 - IMPORT OF FINISHED GOODS - The Indian made goods could not withstand the foreign competition of machine made cheap goods . It encouraged the import of manufactured goods from Britan .

0Thank You

Andro Tech Gamer 5 years, 8 months ago

-discriminatory tariff policy of the state -disappearance of princely courts -competition from machine made products -new patterns of demand -introduction of railways (Explanation required).........!

3Thank You

Prisha B 5 years, 8 months ago

Yes decline of handicraft industry affected india as before colonial rule india was the export of handicrafts product and after colonial period heavy taxes were imposed on handicraft product due to which india handicraft market decline and india was only the exporter of raw material and importer of finished goods

3Thank You

ANSWER