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WRITE SOME POINTS ABOUT BRITISH EAST INDIA COMPANY IN YOUR OWN WORDS. (ONE PAGE)
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The East India Company was an English company formed for the exploitation of trade with East and Southeast Asia and India. Incorporated by royal charter on December 31, 1600, it was started as a monopolistic trading body so that England could participate in the East Indian spice trade.
Due to their seafaring prowess, Spain and Portugal held a monopoly on trade in the Far East. ... The East India Company's royal charter gave it the ability to “wage war,” and initially it used military force to protect itself and fight rival traders. In 1757, however, it seized control of the entire Mughal state of Bengal.
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