Policy of association reduced the gap between the british and indians. How?
Answers
Answer:
. Commercial Policy:
From 1600 to 1757 the East India Company’s role in India was that of a trading corporation which brought goods or precious metals into India and exchanged them for Indian goods like textiles and spices, which it sold abroad. Its profits came primarily from the sale of Indian goods abroad.
Naturally, it tried constantly to open new markets for Indian goods in Britain and other countries. Thereby, it increased the export of Indian manufacturers and thus encouraged their production.
ADVERTISEMENTS:
This is the reason why Indian rulers tolerated and even encouraged the establishment of the Company’s factories in India. But, from the very beginning, the British manufacturers were jealous of the popularity that Indian textiles enjoyed in Britain.
Explanation:
. Commercial Policy:
From 1600 to 1757 the East India Company’s role in India was that of a trading corporation which brought goods or precious metals into India and exchanged them for Indian goods like textiles and spices, which it sold abroad. Its profits came primarily from the sale of Indian goods abroad.
Naturally, it tried constantly to open new markets for Indian goods in Britain and other countries. Thereby, it increased the export of Indian manufacturers and thus encouraged their production.
ADVERTISEMENTS:
This is the reason why Indian rulers tolerated and even encouraged the establishment of the Company’s factories in India. But, from the very beginning, the British manufacturers were jealous of the popularity that Indian textiles enjoyed in Britain.