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Why was the Bengal economy facing …

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Why was the Bengal economy facing deep crisis

Posted by Harnoor Deol 2 years, 3 months ago

CBSE > Class 08 > Social Science

1 answers

Harnoor Deol 2 years, 3 months ago

Within five years the value of goods bought by the Company in Bengal doubled. Before 1865, the Company had purchased goods in India by importing gold and silver from Britain. Now the revenue collected in Bengal was financing the purchase of goods for export. Hence, the Bengal economy facing deep crisis

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