Question

how british registered their political and trade supermaccy i n india

Answer 1

The English venture to India was entrusted to the (English) East India Company, which received its monopoly rights of trade in 1600. The company included a group of London merchants attracted by Eastern prospects, not comparable to the national character of the Dutch company. Its initial capital was less than one-tenth of the Dutch company’s. Its object, like that of the Dutch, was to trade in spices; and it was at first modestly organized on a single-voyage basis. These separate voyages, financed by groups of merchants within the company, were replaced in 1612 by terminable joint stocks, which covered operations over a term of years. Not until 1657 was a permanent joint stock established.

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