Question

In which industries European managing agencies were interested?

Answer 1

Answer:

European Managing Agencies (e.g. Bird Heiglers and Co., Andrew Yule, Jardine Skinner and Co.) which dominated industrial production in India, were interested in certain kinds of products. Acquiring land at cheap rates from the colonial government, they established tea and coffee plantations.

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Answer 2

European managing agencies were interested in tea and coffee plantations, acquiring land at cheap rates from the colonial government and they invested in mining, indigo and jute.

Explanation:

• The two category of goods were the subject of interest from European Management Agencies  are Bird Heiglers, Co., Andrew Yule, along with Jardine Skinner and co. territory at affordable rates and prices from the European colonial administration, they developed coffee and tea farming plantations.

• They traded in coal, jute and other plants like indigo.

• Almost all of the products have been used for exchange in exports.

• These organisations were in charge of a large industry of Indian sectors until the First World War.

• Organisations mobilised capital, established and attempted joint stock corporations.

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