Which statement best describes the economy of india in the late 1700s? in the late 1700s, british farmers produced cotton that was shipped to indian factories to produce textiles. in the late 1700s, indian farmers produced cotton that was shipped to british factories to produce textiles. in the late 1700s, taxes were lowered to promote struggling manufacturing and trade industries in india. in the late 1700s, taxes were raised to gain revenue from the growing manufacturing industries in india.

the correct answer is in the late 1700s, Indian farmers produced cotton that was shipped to British factories to produce textiles.

Explanation: there were many Indian opinions against this role that India had of producing only raw materials.

The correct answer is B. In the late 1700s, Indian farmers produced cotton that was shipped to British factories to produce textiles.

Explanation:

Indian is a country located in South Asia whose economy nowadays rely on textiles, leather manufacture, jewelry, among others and one of the countries whose economy is growing faster. However, during history the economy of India depended on different activities, indeed during the Ancient Era and the Middle the economy of this country relied on agriculture and trading of products such as silk, threat, textile, yarns, butter, among others that were produces using materials in India and manufacture in the same country.

However as Gret Britain colonized the territory in the 18th century the economy experienced changes especially by the end of this century as British companies used the territory and people from India to produce massively cotton and then use it in British factories to produce and trade textiles which supported the growth of the economy in Britain, but had negative effects on India. Considering this, the statement that describes the economy of India in the late 1700s is that "Indian farmers produced cotton that was shipped to British factories to produce textiles" because the economy was controlled by Great Britain that used the raw materials of India to manufacture products.

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