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Subjects
Class 10General KnowledgeWorld HistoryColonization and DecolonizationMediumLevel 77
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How could the sale of European finished goods in colonial markets affect local production?

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Answer and explanation

Correct answer: Competition from foreign goods could increase against local production

Competition from foreign goods could weaken local industries. For exams understand the link between markets and production.

Related tags

Colonial-MarketsFinished-GoodsLocal-Industry

Frequently asked questions

What is the correct answer to this question?

Competition from foreign goods could increase against local production

Why is this the correct answer?

Competition from foreign goods could weaken local industries. For exams understand the link between markets and production.

Which subject and chapter does this question cover?

This is a Class 10 General Knowledge question. Chapter: World History. Topic: Colonization and Decolonization.

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10 more MCQs
  1. 1What is the simple meaning of colonization?
  2. 2What does decolonization mean?
  3. 3Why did European powers build many colonies?
  4. 4Which European power ruled India as a colony for a long time?
  5. 5The East India Company was mainly a company of which country?
  6. 6The need for raw materials was which type of cause of colonialism?
  7. 7Under colonial rule who generally controlled local people?
  8. 8Which economic benefit did European countries get from colonies?
  9. 9Which European country had major early colonial influence in many parts of the Americas?
  10. 10Which European country had major colonial influence over Brazil?
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