What was the East India Company?
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Answer: The East India Company was an English company formed for the exploitation of trade with East and Southeast Asia and India. The East India Company was initially created in 1600 to serve as a trading body for English merchants, specifically to participate in the East Indian spice trade, and it later added items such as cotton, silk, tea, and opium. Although it started as a monopolistic trading body, the East India Company became involved in politics and acted as an agent of British imperialism in India.
This led to government intervention, and, after the Indian Mutiny (1857) hastened its end, it ceased to exist in 1873. Formally, the East India Company was the Governor and Company of Merchants of London Trading into the East Indies (1600–1708) and United Company of Merchants of England Trading to the East Indies (1708–1873).
Informally, it was the English East India Company, to differentiate it from the French East India Company and the Dutch East India Company.
Explanation:
Answer:
East India Company, also called English East India Company, formally (1600–1708) Governor and Company of Merchants of London Trading into the East Indies or (1708–1873) United Company of Merchants of England Trading to the East Indies, English company formed for the exploitation of trade with East and Southeast Asia and India, incorporated by royal charter on December 31, 1600. Starting as a monopolistic trading body, the company became involved in politics and acted as an agent of British imperialism in India from the early 18th century to the mid-19th century. In addition, the activities of the company in China in the 19th century served as a catalyst for the expansion of British influence there.
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