explain how the East India Company took control of the Indian trade
Answers
Answer:
It acquired control of Bengal on the Indian subcontinent in 1757, and, as the company was an agent of British imperialism, its shareholders were able to influence British policy there. This eventually led to government intervention.
The East India Company (EIC) was an English and later British joint-stock company founded in 1600. It was formed to trade in the Indian Ocean region, initially with the East Indies (the Indian subcontinent and Southeast Asia), and later with Qing China. The company ended up seizing control of large parts of the Indian subcontinent, colonised parts of Southeast Asia and Hong Kong after the First Opium War, and maintained trading posts and colonies in the Persian Gulf Residencies. The company is also known as the Honourable East India Company (HEIC), East India Trading Company (EITC), the English East India Company or the British East India Company, and informally known as John Company, Company Bahadur, or simply The Company.