describe any one battle that took place when the East india Company shifted their focus from trade to Territorial domination
Answers
Answer:
Explanation:
India became the focal point of the Company's trade. At the beginning of the 18th century English commerce with India was nearly a hundred years old. It was transacted by the East India Company, which had been given a monopoly of all English trade to Asia by royal grant at its foundation in 1600. Unfortunately Britain was on the gold standard at the time, and had to import silver from continental Europe, making the whole tea trade financially unviable. The East India Company didn’t actually own many of the ships in its fleet. It rented them from private companies, many of which were based at Black wall in East London. Each of these three provinces was roughly equidistant from each other along the Indian peninsular coastline, and allowed the East India Company to commandeer a monopoly of trade routes more effectively over the Indian Ocean. The company started steady trade in cotton, silk, indigo, saltpeter, and an array of spices from South India.
Answer:
Explanation:
India became the focal point of the Company's trade. At the beginning of the 18th century English commerce with India was nearly a hundred years old. It was transacted by the East India Company, which had been given a monopoly of all English trade to Asia by royal grant at its foundation in 1600. Unfortunately Britain was on the gold standard at the time, and had to import silver from continental Europe, making the whole tea trade financially unviable. The East India Company didn’t actually own many of the ships in its fleet. It rented them from private companies, many of which were based at Black wall in East London. Each of these three provinces was roughly equidistant from each other along the Indian peninsular coastline, and allowed the East India Company to commandeer a monopoly of trade routes more effectively over the Indian Ocean. The company started steady trade in cotton, silk, indigo, saltpeter, and an array of spices from South India.