Explain the role of european managing agencies in india
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the European managing agencies controlled a large sector of Indian industries .three of the biggest ones were Bird Heiglers & co.; Andrew Yule ; and Jardine skinner & co.
2.these agencies mobilised capital and set up jointstock companies and managed them.
3.in most instances Indian financiers provided the capital while tge European agencies made all investment and business decisions.
4. the European merchant industrialist had their own chambers of commerce which Indian businessman were not allowed to join.
2.these agencies mobilised capital and set up jointstock companies and managed them.
3.in most instances Indian financiers provided the capital while tge European agencies made all investment and business decisions.
4. the European merchant industrialist had their own chambers of commerce which Indian businessman were not allowed to join.
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Explanation:
the European managing agencies controlled a large sector of Indian industries .three of the biggest ones were Bird Heiglers & co.; Andrew Yule ; and Jardine skinner & co.
2.these agencies mobilised capital and set up jointstock companies and managed them.
3.in most instances Indian financiers provided the capital while tge European agencies made all investment and business decisions.
4. the European merchant industrialist had their own chambers of commerce which Indian businessman were not allowed to join.
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