History, asked by bnadatti3316, 1 year ago

How did the character by Queen ElizabethBenefit the British company

Answers

Answered by TejAsvi240
0
Queen Elizabeth I of England grants a formal charter to the London merchants trading to the East Indies, hoping to break the Dutch monopoly of the spice trade in what is now Indonesia.

In the first few decades of its existence, the East India Company made far less progress in the East Indies than it did in India itself, where it acquired unequaled trade privileges from India’s Mogul emperors. By the 1630s, the company abandoned its East Indies operations almost entirely to concentrate on its lucrative trade of Indian textiles and Chinese tea. In the early 18th century, the company increasingly became an agent of British imperialism as it intervened more and more in Indian and Chinese political affairs. The company had its own military, which defeated the rival French East India Company in 1752 and the Dutch in 1759

Answered by Remi14
1

Answer:

Granted a Royal Charter by Queen Elizabeth I in 1600, The East India Company was founded to ... India, founded Hong Kong and Singapore and introduced tea to Britain and India

hope it helps you........❤️❤️

#minion

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