how we can say that the English East India Company traders where more privileged than its Indian contourparts?
Answers
And so, the 'Honourable Company of Merchants of London Trading with the East Indies' – or East India Company, as it came to be known – was founded. ... The company had initially planned to try and force their way into the lucrative spice markets of south-east Asia, but found this trade was already dominated by the Dutch.
Answer:
East india company ( EIC) was founded on Dec 31st 1600 .
The traders of EIC misused their authorities .
They offered monetary gains for the kings on the condition that the king will have to reduce the rights given to Indian traders , maximizing their benefits and profits .
they exploited the disunity among Indian rulers and the weak administration and leadership some kings .
In the name of tade , they illegally became wealthy