Social Sciences, asked by mizoram63, 7 months ago

In 1600 from whom did the east India company acquire a charter granting it to the sole right to trade with the east?​

Answers

Answered by simranshaw2
1

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Answered by nirali17455w
1

Elizabeth I

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.

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