Question

Why did Masulipatnam become prosperous and wealthy?​

Answer 1

Answer:

The Masulipatnam of Machlipatnam (fish town) became prosperous and wealthy because it attracted both The Dutch and English East Indian Companies. Both the Dutch And English tried to gain control over this town or port. It became the most important part on Andhra Pradesh port.

Explanation:

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Answer 2

The beginning of trade made it prosperous and wealthy

• Masulipatnam was a town in Andhra Pradesh's Krishna River Delta. The Dutch established this port town.
• Golconda kings imposed a duty on textiles and spices deal to prevent trade from slipping into hands of the British East India Company. This was the major cause of the city's popularity and wealth.
• This imposed restriction sparked fierce competition among other commercial groupings across Europe. Masulipatnam was a poor fishing village before this competition.
• When it began to be utilised as a hub for the trading of textiles, spices, and other goods, the infrastructure began to improve. Hence, the merchants were able to establish a semi-permanent presence in the city.