Question

East India company comes east​

Answer 1

Answer:

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Explanation:

Its origins were much humbler. On 31 December 1600, a group of merchants who had incorporated themselves into the East India Company were given monopoly privileges on all trade with the East Indies. The Company's ships first arrived in India, at the port of Surat, in 1608.

Answer 2

In 1600 royal charter granted to East India Company granting the sole right to trade with the East.

East India Company bought goods at a cheap price and sold them at higher price in Europe.

Cotton and silk produced in India had a big market in Europe.

Pepper, cloves, cardamom and cinnamon were in great demand.

East India company and its officials accumulated wealth by the trade of India and caught attention of other european powers.

English east India company had to compete with other europian companies such as Franch, Dutch and Portugese.

Because of the powerfull naval force British won over other european powers and became the champiion of struggle of monotony of trade.