Question

How did the company misuse its political power to gain more profit in trade???




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Answer 1

Answer:

The East India company misused their trading powers in the following ways :-

1. They offered monetary gains to kings and in return asked the kings to reduce the rights given to the Indian traders, to maximise their profits.

2. Slowly they started exploiting the disunity among Indian rulers and weak leadership of the greater king's successors.

3. They slowly turned into an internal power. And made its own army to defend itself against other foreign trading companies.

Answer 2

Explanation:

under the British India turn into a colonial economy to serve the British capitalist International the British demand hai revenue from farmers they were taken the highly profit from the markets take the different types of goods from the moneylenders at a high rate of interest.