History, asked by chs13061998, 1 year ago

how did east India company made India poor?

Answers

Answered by harpreet2223
0

The East India Company was a private company owned by stockholders and reporting to a board of directors in London. Originally formed as a monopoly on trade, it increasingly took on governmental powers with its own army and judiciary. It seldom turned a profit, as employees diverted funds into their own pockets.

Answered by sudhansushekhar008
0

Answer:

One of the very first Indian words to enter the English language was the Hindustani slang for plunder: “loot”. According to the Oxford English Dictionary, this word was rarely heard outside the plains of north India until the late 18th century, when it suddenly became a common term across Britain. To understand how and why it took root and flourished in so distant a landscape, one need only visit Powis Castle.

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