Question

How did the East India Company get the right to do trade with the East ?​

Answer 1

Answer:

In 1600, the East India Company acquired a charter from the ruler of England, Queen Elizabeth I, granting it the sole right to trade with the East, without competition from other British traders. But that royal charter could not stop other European powers such as the Portuguese, Dutch, and French.

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Answer 2

Answer:

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Explanation:

How the East India Company became the world's most powerful business. After overseeing the defeat of the Spanish Armada, Queen Elizabeth I issued a royal charter authorizing British merchants to trade in the East Indies on behalf of Crown.

Queen Elizabeth I of England

Charter granted to the East India Company. 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.lf of the crown.