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QI.The East India Company transformed from a trading company to a territorial
colonial power. How and when did the Company set foot in India? Which were the
other trading Companies that came to the Indian shores? What was the result of the
competition between the trading companies from different European countries?
How did the East India Company establish trade in India and enter the political
scene
Answers
Answer:
1. In 1600, the East India Company acquired a licence to trade, from Queen Elizabeth I, of England. The company got the sole right to trade with Eastern countries. No other company in England was given the right to trade.
2. There has been a presence of Western European colonial empires and imperialism in Asia throughout six centuries of colonialism, formally ending with the independence of the Portuguese Empire's last colony East Timor in 2002
3. The thrust of European political power, commerce, and culture in Asia gave rise to growing trade in commodities—a key development in the rise of today's modern world free market economy. In the 16th century, the Portuguese broke the (overland) monopoly of the Arabs and Italians of trade between Asia and Europe by the discovery of the sea route to India around the Cape of Good Hope.
these all were done by vasco da gama and his followers who all are related to the Queen Elizabeth and the slowly started to follow the rules of vasco da gama.. these raise a war against the route of the military grop and they also for a great adventages of silk and water tarade route to india...
this
is the reason behind...
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