Question

Q1 The modern history depict the story of the transformation of traders into rules?​

Answer 1

These are not only the headlines that have dominated since the Great

Recession

They were also major developments in the history of what was for 274 years the world’s most successful multinational corporation: the East India Company.

Author Nick Robins provides an excellent and exhaustive look at the legendary company in his book: The Corporation That Changed The World.

255 years ago this month, the Company recaptured Calcutta, a decisive development in securing the company’s — and Britain’s — dominance over Eastern trade routes.

But all of its success came at a price, borne by the lives of millions of Indians caught up in the country’s profit machine, writes Robins.

The company’s mark on Britain and the Asian subcontinent remains indelible.

Answer 2

Answer:

Explanation:

India's independence was in itself a turning point in its economic history. ... Cambridge historian Angus Maddison's work shows that India's share of world income shrank from 22.6% in 1700—almost equal to Europe's share of 23.3%—to 3.8% in 1952.