The Age of Industrialisation

Why the Merchants and Traders Did Turn Their Attention Towards the Countryside for Production in Seventeenth and Eighteenth Centuries?

Production could not be expanded in the town because the urban trade and craft guilds regulated these issues in the towns strictly. Moreover, they did not allow free entry and lenient rules for outsiders.

By 1750’s Why the Commercial Networks of Indian Trailers Did Began to Decline in India?

The Europea, A trading companies secured huge concessions and trading privileges from various rulers and local courts that boosted their trade. After this, they secured monopoly rights to trade even. This impacted the trading activities of the Indian traders and merchants.

Who were Gomasthas?

Gomasthas described as an Indian agent of the English East India Company who was paid to supervise weavers and craftsmen, collect supplies and deliver finished goods to the company at fixed rates. He always examined the quality of the cloth.