1. Why was there an intense rivalry among the trading companies of different European countries
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- Reason are given below :-
- every European companies wanted to buy products from india at cheap rate.
- European sell in their country at high price.
- It's get to earn big profits.
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Answer:
There were rivalry between various European countries bacause Indian markets provided raw materials at a very cheap and affordable rate .
By selling the goods on their own country they earned a high profit .
Name Shreyansh
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