mention the significance of charter 1600
Answers
Answered by
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
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.
Similar questions