What led to conflicts between the European trading companies?
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- The amount of trade was not sufficient to sustain all the. companies.
- The amount of trade was not sufficient to sustain all the. companies.There was a competition to make more profit.
- The amount of trade was not sufficient to sustain all the. companies.There was a competition to make more profit.In order to gain more trade facilities they had to gain. political control over the areas.
- The amount of trade was not sufficient to sustain all the. companies.There was a competition to make more profit.In order to gain more trade facilities they had to gain. political control over the areas.Each company started building its army to protect its.
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Conflicts between the European trading companies
Explanation:
- The fine quality of Indian cotton and silk were wide demand across Europe. There was also big market and tremendous demand for garlic, cloven, cardamom and cinnamon. European competition inevitably boosted prices wherein these goods could be bought and the profits that could be earned considerably reduced. The only way to prosper for these trading companies was to remove rival competitors.
- Therefore, the need to protect markets led to fierce battles among trading companies. By the 17th and 18th centuries they sank each other's ship , the routes were blocked regularly and rival ships were prevented from moving with the goods supply. Trade was usually carried out with arms and trading posts were secured and protected by way of fortification.
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