Question

Explain the following statement with reasons. - European rulers started giving military protection and trade concessions to the trading companies.

Answer 1

"European rulers started giving military protection and trade concessions to the trading companies.

In early history, East India Company was first built in Bengal in 1651. They started the trading company and fought with several kingdoms of Bengal and captured most of the Calcutta and built a fort on Hughli.

The British nabobs who came from low-income family became very rich after entering into East India Company. The total economy of the country is increased by our resources.

"

Answer 2

Answer:

the European rulers wanted the sole right to trade with east...