Social Sciences, asked by bisenmuktanand, 3 months ago

what was the major cause of mutual competition between the European trading companies in India

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Answered by harshdeep5918
12

Answer:

Answer. The major cause of mutual competition between the European trading companies in India are as follow: ---->The amount of trade was not sufficient to sustain all thecompanies. ---->There was a competition to make more profit.

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Answered by VenusClem3rd
2

European trading companies could buy goods at a cheap price, in India and carry them back to Europe and sell them at higher prices. The fine qualities of cotton and silk produced in India had a big market in Europe. Pepper, cloves, cardamom and cinnamon grown in India were in great demand in Europe

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