How company traders "exercise" monopoly over trade in india?
Answers
Answered by
1
The company settled down to a trade in cotton and silk piece goods, indigo, and saltpetre, with spices from South India. It extended its activities to the Persian Gulf, Southeast Asia, and East Asia. ... Beginning in the early 19th century, the company financed the tea trade with illegal opium exports to China.
Answered by
15
Answer:
The English East India Company operated for 274 years, starting from 1600 when a Charter was granted by Queen Elizabeth I, giving The Company the monopoly to undertake trading expeditions to the East Indies. The Company's life ended in 1874, sixteen years after the end of the Indian Mutiny in 1858.
Similar questions