Explain the three major steps taken by the east india company to develop a system of management and control assert a monopoly over right to trade
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three major steps taken by the East India Company to develop a system of Management and control as a Monopoly right to trade are-
1) at first the company tried to eliminate the existing traders to clear the way for trade. they did so by appointing paid servants called gomasthas to supervisor was collect supplies and examine the quality of cloth
2) prevented company dealers to deal with other merchants. this was done so by a system of advances. the Weavers were given loans as per the order placed to buy the raw materials. once they finished the cloth they have to hand it over to the gomasthas .they could not take it to another trader.
3] as loans flowed in and the demand for fine Textiles expanded Weavers eagerly took the advances hoping to earn more. many weavers had small plots of land which they had earlier cultivated along with weaving and the produce from this took care of the family needs. now they had to leave out the land and devote all the time to weaving. in fact required the labour of the entire family with children and women engaged in different stages of the process .
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1) at first the company tried to eliminate the existing traders to clear the way for trade. they did so by appointing paid servants called gomasthas to supervisor was collect supplies and examine the quality of cloth
2) prevented company dealers to deal with other merchants. this was done so by a system of advances. the Weavers were given loans as per the order placed to buy the raw materials. once they finished the cloth they have to hand it over to the gomasthas .they could not take it to another trader.
3] as loans flowed in and the demand for fine Textiles expanded Weavers eagerly took the advances hoping to earn more. many weavers had small plots of land which they had earlier cultivated along with weaving and the produce from this took care of the family needs. now they had to leave out the land and devote all the time to weaving. in fact required the labour of the entire family with children and women engaged in different stages of the process .
hope this helps.
mark as brainliest.
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