22. Why were European trading companies attracted to India ? How did the East
India Company gain political and economic control over India ?
Answers
Answered by
1
Answer:
they found goods and they could buy at cheaper and sell at Europe at an enormous rate
Answered by
2
Explanation:
European Trading Companies were attracted to India because of the following reasons:
i) Trading with India was highly profitable and fruitful to the businessmen in Europe.
ii) The European trading companies purchased goods at cheaper rate and sold them in Europe at higher prices.
iii) The fine qualities of cotton and silk produced in India had a big market in Europe.
iv) Indian spices such as - pepper, cloves, cardamom and cinnamon were in great demand in Europe.
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