History, asked by rakshagairola, 1 year ago

how did monopoly of British company begin in India

Answers

Answered by shreejagudiseva
10
After establishing political power in Bengal  by the middle of the 18th century, the East India Company began to assert  monopoly right to trade. British cotton industries were not developed, but the Indian fine textiles were in great demand in Europe.
So, the East India Company was keen on expanding textile exports from India. The company developed a system of management and control that would eliminate competition, control costs and ensure regular supplies of cotton and silk goods.
They appointed paid gomasthas to supervise
weavers, collect supplies and examine the quality of cloth.

rakshagairola: thnx
Answered by hsngowda27p5kkbg
3
U will get the answer...Read this part
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