Question

what were the reasons of rivalry between european trading company?

Answer 1

 There was rivalry

between the trading companies of different European countries in India because:

1. The amount of trade was not sufficient to sustain all the

companies.

2. There was a competition to make more profit.

3. In order to gain more trade facilities they had to gain

political control over the areas.

4. Each company started building its army to protect its

interests in India which led to many wars.

Answer 2

Answer:

There was rivalry

between the trading companies of different European countries in India because:

1. The amount of trade was not sufficient to sustain all the

companies.

2. There was a competition to make more profit.

3. In order to gain more trade facilities they had to gain

political control over the areas.

4. Each company started building its army to protect its

interests in India which led to many wars.

Explanation: