Why did east india company start triangular trade
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Traingular trade is the term refered to the trade of britishers coming from britain to india and then to china and at last to britain.The britishers bought cheaper products from Britain and sell it in india,thus earning a good profit.Then they buy opium from india which was grown by indian farmers.
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As the demands pf opium were very high in china they take that opium to china and sell it there making good profits then they at last buy the other products from china and arrive to their country.
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As the demands pf opium were very high in china they take that opium to china and sell it there making good profits then they at last buy the other products from china and arrive to their country.
Anonymous:
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Because they were benefited by this
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Triangular trade refers to the trading between China, England and India during the 19th century...The British traders took opium from India to china and tea from china to England .Between India and England, trade flowed both ways.By the early 19 nth century,exports of hand-loom from India declined while the export of raw materials (silk&cotton) and food grains increased.From England, manufactured goods flowed into India leading to a decline of Indian artisanal production.so east India company started triangular trade.
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