History, asked by mamonimukherjee76, 5 months ago

why did the European traders tried to the local Indian rulers​

Answers

Answered by sajinkya674
0

Answer:

In 1600, the East India Company acquired a charter from the ruler of England, Queen Elizabeth I, granting it the sole right to trade with the East, without competition from other British traders.

But that royal charter could not stop other European powers such as the Portuguese, Dutch, and French. And all those European companies wanted to buy the same things from India - fine qualities of cloth and spices.

As competition grew, profits fell, and the European trading companies started building forts and fighting each other.

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