How did the 1production of opium,indigo,and sugar short up the profitmargins of the east indian company
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It profited the East India Company since opium,indigo,and sugar cane are cash crops which the company could buy at a low price and could sell it in England at a profitable amount shot up the profit margins of the East India Company, due to incress in demand of these raw goods in England brought by the Industrial Revolution.The opium produced was smuggled to China which filled the Company's treasury.
Explanation: The indigo produced in India was brought by the company at cheap rate in India and sold at a profitable rate in England which could be said same for sugar cane.The opium was smuggled in China since it had a high demand in China
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