Question

Answers in brief note
Which company acquired a character from Queen Elizabeth1 ? Write down the importance of charter for the company​

Answer 1

English East India Company

Explanation:

• The East India Company is also known as the English East India Company.
• In 1600, Queen Elizabeth granted the charter to the East India Company to trade with the East.
• The main purpose of this company was to trade with India and Southeast Asia.
• The company formed to profit from the spice trade in Europe.
• The company settles down in India for trading purposes.
• Goods like cotton, silk, and spices were exported to England.

Learn More:

Who was queen Elizabeth I

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