A classic example of colonial deindustrialization was the destruction of the Mughal textile industry in South Asia by the British East India Company.

Question

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The British East India Company deliberately destroyed the local textile industry in South Asia to break the economic backbone of the Mughal Empire and establish a monopolistic trading relationship with India. This led to a decline in local industries and a rise in British exports, thereby establishing colonial dependence in the region.

A Classic Example of Colonial Deindustrialization Was the Destruction of the Mughal