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Why could monopoly policy in colonial trade be harmful for local traders?
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Answer and explanation
Correct answer: Because trade routes and prices could come under foreign control
Monopoly allowed colonial power to control both profit and markets. For exams connect trade control with economic exploitation.
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What is the correct answer to this question?
Because trade routes and prices could come under foreign control
Why is this the correct answer?
Monopoly allowed colonial power to control both profit and markets. For exams connect trade control with economic exploitation.
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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