briefly elaborate the term NABOBS
atleast 8-10 lines
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Answer: A NABOB is a wealthy man in India whose wealth can not be ignored. The NABOB secretly worked with the East India Company and from there he earned a lot of money in 18th century.
The person who strangely and quickly earns a lot of fortune in foreign country like in India was termed as NABOB.
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NABOBS:
- Nabobs were extremely wealthy men depriving his wealth in India during the 18th century.
- They made their fortune in India and returned home with extreme fortune and influence.
- Most nabobs were from Britain with others being from Portugal, Dutch, and Spain.
- They used the power and money they earned to purchase seats in the parliament.
- Most of them used their influence and power in bad ways and often bribed their way out of everything.
- The word “Nabob” is an Anglo-Indian term.
- Most of them settled in the Americas and lavish regions of Europe after returning from India.
- Most of them worked for the East India Company.
To know more:
Company officials become"nabobs".
https://brainly.in/question/3437983
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