History, asked by lailadevi828, 1 day ago

how was the British East Indian company formed?​

Answers

Answered by RyeTheOg
0

Answer:

here is your answer

Explanation:

In 1600, a group of English businessmen asked Elizabeth I for a royal charter that would let them voyage to the East Indies on behalf of the crown in exchange for a monopoly on trade. The merchants put up nearly 70,000 pounds of their own money to finance the venture, and the East India Company was born.

Answered by duaachawre
0

Answer:

In 1600, a group of English businessmen asked Elizabeth I for a royal charter that would let them voyage to the East Indies on behalf of the crown in exchange for a monopoly on trade. The merchants put up nearly 70,000 pounds of their own money to finance the venture, and the East India Company was born.

Explanation:

hope it helps

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