Social Sciences, asked by vikkuvikranth7253, 12 days ago

Due to East India company , the industry went bankrupt

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Answered by s02371joshuaprince47

0

Answer:

The company gradually lost both commercial and political control. Its commercial monopoly was broken in 1813, and from 1834 it was merely a managing agency for the British government of India. It was deprived of that role after the Indian Mutiny (1857), and it ceased to exist as a legal entity in 1873.

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