it has several impacts like de- industrialiaization,decline of handicraft industry,lack of capital good industry,low contribut bution of GDO and limited public role
And what about lack of capital good
British destroyed handicraft industries to satisfy 2 motive of selling finished good at high price and buying raw material at lower price
ook i get it all now, thank u so much!!
Heyy could you also tell me about effect of decline in handicraft ?