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Unit 1 Ch 4 : The Age of Industrialisation — Social Studies STD 10 — Question

CBSE BoardEnglish MediumSTD 10Social StudiesUnit 1 Ch 4 : The Age of Industrialisation3 Marks
Question
In which industries were European managing agencies interested?
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Answer

European Managing Agencies, which dominated industrial production in India, were interested in certain kinds of products. They established tea and coffee plantations, acquiring land at cheap rates from the colonial government; and they invested in mining, indigo and jute. Most of these were products required primarily for export trade and not for sale in India.

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