who is the king what do you think that the king was interested in earning trade class 12 CBSE e answer in hundred to 150 words
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Featured in BBC One’s period drama Taboo as a company with huge influence and power – and one which is unafraid to further its interests by nefarious means – the East India Company was founded during the rule of Queen Elizabeth I and grew into a dominating global player with its own ‘army’.
In 1600, a group of London merchants led by Sir Thomas Smythe petitioned Queen Elizabeth I to grant them a royal charter to trade with the countries of the eastern hemisphere. And so, the ‘Honourable Company of Merchants of London Trading with the East Indies’ – or East India Company, as it came to be known – was founded. Few could have predicted the seismic shifts in the dynamics of global trade that would follow, nor that 258 years later, the company would pass control of a subcontinent to the British crown. The company has recently been featured in BBC One’s period drama Taboo – central character James Delaney, played by Tom Hardy, comes into conflict with the EIC, which is characterised as a mighty and villainous organisation
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