Social Sciences, asked by aadithya59, 11 months ago

what did the east india company do to monopoly rights to trade in india

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Answered by raj22052003

Answer:

By establishing political power, the English East India Company could assert the monopoly right to trade. It developed a system of management and control that would eliminate competition with the existing traders. ... It prevented the weavers from dealing with other brokers and buyers through a system of advances.

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