Destruction of native industries from "summary" of The Anarchy by William Dalrymple
The British East India Company's relentless pursuit of profit led to the destruction of native industries in India. The Company's aggressive policies and exploitative practices decimated local economies, causing widespread poverty and suffering among the Indian population.
By flooding the Indian market with cheap British goods, the Company undercut local industries, making it impossible for Indian producers to compete. Traditional crafts and industries that had sustained communities for generations were wiped out, leaving thousands of people unemployed and destitute.
The Company's monopolistic control over trade further exacerbated the situation,...
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