Answer the following questions.
1. Describe what attracted European trading companies to India
Answers
Answer:
1)The fine quality of silk and cotton.
2)Spices like cardomon,cloves etc.
3)Best quality products.
4)They bought goods from India and then sold those goods at higher prices to earn profit.
European trading companies were attracted to India because of a number of reasons:
Trading with India was highly profitable and fruitful to the businessmen in Europe.
The European trading companies purchased goods at cheaper and sold them in Europe at the higher prices.
In Europe, the fine qualities of silk and cotton produced in India had a big market in Europe.
In Europe, Indian spices like - pepper, cloves, cardamom, and cinnamon were in great demand.
The intra fights between the Indian rulers helped the European trading companies, through Divide and Rule policy, established their power in India.