Also traded cotton, silk, indigo, saltpeter, and tea and transported slaves. It became involved in politics and acted as an agent of britishimperialism
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United Company of Merchants of England Trading to the East Indies, English company formed for the exploitation of trade with East and Southeast Asia and India, incorporated by royal charter on December 31, 1600. Starting as a monopolistic trading body, the company became involved in politics and acted as an agent of British imperialism in India from the early 18th century to the mid-19th century. In addition, the activities of the company in China in the 19th century served as a catalyst for the expansion of British influence there.
The company was formed to share in the East Indian spice trade. That trade had been a monopoly of Spain and Portugal until the defeat of the Spanish Armada (1588) by England gave the English the chance to break the monopoly. Until 1612 the company conducted separate voyages, separately subscribed. There were temporary joint stocks until 1657, when a permanent joint stock was raise
Beginning in the early 1620s, the East India Company began using slave labour and transporting enslavedpeople to its facilities in Southeast Asia and India as well as to the island of St. Helena in the Atlantic Ocean, west of Angola. Although some of those enslaved by the company came from Indonesia and West Africa, the majority came from East Africa—from Mozambique or especially from Madagascar—and were primarily transported to the company’s holdings in India and Indonesia. Large-scale transportation of slaves by the company was prevalent from the 1730s to the early 1750s and ended in the 1770s.
After the mid-18th century the cotton-goods trade declined, while tea became an important import from China. Beginning in the early 19th century, the company financed the tea trade with illegal opium exports to China. Chinese opposition to that trade precipitated the first Opium War (1839–42), which resulted in a Chinese defeat and the expansion of British trading privileges; a second conflict, often called the ArrowWar (1856–60), brought increased trading rights for Europeans.
pls brainlists me and i hope it would be helpfull
The company was formed to share in the East Indian spice trade. That trade had been a monopoly of Spain and Portugal until the defeat of the Spanish Armada (1588) by England gave the English the chance to break the monopoly. Until 1612 the company conducted separate voyages, separately subscribed. There were temporary joint stocks until 1657, when a permanent joint stock was raise
Beginning in the early 1620s, the East India Company began using slave labour and transporting enslavedpeople to its facilities in Southeast Asia and India as well as to the island of St. Helena in the Atlantic Ocean, west of Angola. Although some of those enslaved by the company came from Indonesia and West Africa, the majority came from East Africa—from Mozambique or especially from Madagascar—and were primarily transported to the company’s holdings in India and Indonesia. Large-scale transportation of slaves by the company was prevalent from the 1730s to the early 1750s and ended in the 1770s.
After the mid-18th century the cotton-goods trade declined, while tea became an important import from China. Beginning in the early 19th century, the company financed the tea trade with illegal opium exports to China. Chinese opposition to that trade precipitated the first Opium War (1839–42), which resulted in a Chinese defeat and the expansion of British trading privileges; a second conflict, often called the ArrowWar (1856–60), brought increased trading rights for Europeans.
pls brainlists me and i hope it would be helpfull
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