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What problem could local traders face due to colonialism?

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Answer and explanation

Correct answer: Competition and pressure from foreign trading companies increased

Local trade could weaken due to influence of foreign companies. For exams remember economic effects.

Related tags

Local-TradeColonial-CompaniesEconomic-Impact

Frequently asked questions

What is the correct answer to this question?

Competition and pressure from foreign trading companies increased

Why is this the correct answer?

Local trade could weaken due to influence of foreign companies. For exams remember economic effects.

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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