Question

List four things that the European companies undertook to eliminate rival competitors during the 17th and 18th centuries

Answer 1

Answer:

Dutch French British Portuguese

Explanation:

are the companies came to India in 18th century

Answer 2

The trade with India in the overseas countries grew gradually between the mid-16th century and the mid-18th century. The trade practices of the numerous European companies that arrived in India during this time is responsible for this. Since time immemorial India has had commercial ties with western countries.

Explanation:

• All European companies  were interested in the same commodity when they had come to India for trade. Although cotton and silk had an overwhelming demand in England, European buyers often preferred and sough commodities such as pepper, garlic, cinnamon and cardamom.
• There was strong competition between them and this drove up the price. This reduced the profit volume that could be earned. European enterprises realised that they could survive by eliminating their rivals
• The desire to secure markets  led to fierce conflicts amongst the trading companies. Through the 17th & 18th centuries they destroyed each other’s ships by sinking them, prevented ships of rivals from moving their goods' supplies, and blockaded routes.
• Trade was carried on with arms and trading posts were secured by way of fortification. This effort to undertake profitable trade  and  fortify settlements resulted in intense battles with local rulers.