what are European managing agencies
Answers
Explanation:
European Managing Agencies (e.g. Bird Heiglers and Co., Andrew Yule, Jardine Skinner and Co.) ... Till the First World War, these agencies controlled a large sector of Indian industries. These agencies mobilised capital, set-up joint stock companies and managed them.
Explanation:
The European managing agencies controlled a large sector of Indian industries .three of the biggest ones were Bird Heiglers & co.; Andrew Yule ; and Jardine skinner & co.
2.these agencies mobilised capital and set up jointstock companies and managed them.
3.in most instances Indian financiers provided the capital while tge European agencies made all investment and business decisions.
4. the European merchant industrialist had their own chambers of commerce which Indian businessman were not allowed to join.
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