History, asked by nooba, 7 months ago

Write a short note of FROM THE TRADE TO TERRITORY (class 8 chapter 2)

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Answered by smitarani60
2

Answer:

In 1600 royal charter granted to East India Company granting the sole right to trade with the East. East India Company bought goods at a cheap price and sold them at higher price in Europe. Cotton and silk produced in India had a big market in Europe. Pepper, cloves, cardamom, and cinnamon were in great demand

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