how does the Suez Canal helped British to trade in India ?and what were its positive impact and negative impact on India?
Dear Student
Suez canal is the artificial waterway that provides direct ship way from India to Britain and they can avoid going through Africa. So, it will help British to trade in India now they can export in huge quantity in less time from India.
The positive impact of opening Suez canal is that now there is less transportation cost and easily access to Indian market.
The negative impact is that for exporting more India produce more raw material for British that simultaneously reduce the supply of essential goods in Indian market and revenue that generated is never used for developing Indian economy.
Regards
Suez canal is the artificial waterway that provides direct ship way from India to Britain and they can avoid going through Africa. So, it will help British to trade in India now they can export in huge quantity in less time from India.
The positive impact of opening Suez canal is that now there is less transportation cost and easily access to Indian market.
The negative impact is that for exporting more India produce more raw material for British that simultaneously reduce the supply of essential goods in Indian market and revenue that generated is never used for developing Indian economy.
Regards