Who were the nabobs and why were they criticized by all?
Answers
Answer:
Explanation:
A nabob is a conspicuously wealthy man deriving his fortune in the Orient, especially in India during the 18th century with the privately held East India Company.
“Nabobs allegedly returned from India with great wealth and were, among other things, accused of flooding the market with too much ill-gotten money, thereby pushing what the aristocracy felt were the rightful rulers out of their places in society,” she says. “The reality didn’t quite match up with the public impression, though – most British men who travelled to India did not return with vast fortunes, and many actually died there. But there were enough who did to create some anxiety about changes in the political status quo from ‘eastern adventurers.’”
Those Company officials who managed to return with wealth led flashy lives and flaunted their riches. They were called “nabobs” – an anglicised version of the Indian word nawab. They were often seen as upstarts and social climbers in British society and were ridiculed or made fun of in plays and cartoons.