wht was the east Indian company ?
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- 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. It later added such items as cotton, silk, indigo, saltpeter, tea, and opium to its wares and also participated in the slave trade.
- The effects of the British East India Company were very strong and widespread. It helped the establishment of the British Empire. It was a turning point in the history of economics and set the trends for several centuries to come. Globalization is also another significant influence of this company
- 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. It later added such items as cotton, silk, indigo, saltpeter, tea, and opium to its wares and also participated in the slave trade.
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Answer:
East India Company
The East India Company, also known as the Honourable East India Company, East India Trading Company, the English East India Company or the British East India Company, and informally known as John Company, Company Bahadur, or simply The Company was an English and later British joint-stock company founded in 1600.
Founder: John Watts
Founded: 31 December 1600
Headquarters: London, United Kingdom
Ceased operations: 1 June 1874
Defunct: 1 June 1874; 147 years ago
Subsidiary: English factory
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