why was charter issued to English east india company by Queen Elizabeth
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because she gave the sole right to the British
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The charter was issued to the East India Company so that they could dominate and break the Dutch monopoly.
Explanation:
- During 1600, Queen Elizabeth granted the charter to the East India Company so that they could get the single right to trade with the East, without any competition from other British traders.
- The purpose of this Royal Charter was to conduct trade in the East Indies, expecting to break the Dutch monopoly of the spice trade.
- Before English, Portuguese and the Duch Companies have already sailed to trade from 1595.
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