Q8 of 10 Page 137

Why did the port of Surat decline at the end of 18th century?

The port of Surat declined at the end of the 18th century because:


• The Britishers gained a monopoly over certain trades and controlled the export and import.


• The connection of the inland water network system with the ports, to continue trade, was disrupted as the Indian products gradually started to lose its market.


• The local bankers who financed the trade were going bankrupt and trade suffered.


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