History, asked by nishchayb111, 9 months ago

mention the significance of charter 1600​

Answers

Answered by priyakumari000000
2

Answer:

Incorporated by royal charter on December 31, 1600, it was started as a monopolistic trading body so that England could participate in the East Indian spice trade. It also traded cotton, silk, indigo, saltpeter, and tea and transported slaves.

Answered by neet18
1

in 1600,Queen Elizabeth 1 gave charter which granted English east indian company the exclusive right to trade with east. This meant that no other trading group from England could compete with the company.

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