Question

"Opening up of Suez Canal helped in establishing the British monopoly control over India's foreign trade". 
Justify the given statement with valid arguments.

Hint:

The Suez Canal played a key role in enhancing British control over India's trade by reducing shipping time and costs.

Answer 1

- The opening of the Suez Canal in 1869 significantly reduced the time it took to travel between Europe and India, from several months to a matter of weeks.
- This enhanced the British monopoly over India's foreign trade by making it easier and faster to move goods such as cotton, tea, and opium from India to Britain.
- It further entrenched British economic dominance by facilitating the movement of raw materials from India and finished goods from Britain. Conclusion: The opening of the Suez Canal was crucial in strengthening British control over India's foreign trade by reducing transportation costs and time, reinforcing their economic monopoly.