write about east lndia company and its
trade & with lndia?
Answers
Explanation:
The East India company known as John Company, Company Bahadur, or simply The Company, was an English and later British joint-stock company.It was founded on 31 December 1600.
Answer:
It was an English companyformed for the exploitation oftrade with East and Southeast Asia and India. Although it started as a monopolistictrading body, it became involved in politics and acted as an agent of British imperialism in India from theearly 18th century to the mid-19th centuryThe company was formed to share in the East Indian spice trade. That trade had been a monopoly of Spain and Portugal until the defeat of the Spanish Armada (1588) by Englandgave the English the chance to break the monopoly. Until 1612 the company conducted separate voyages, separately subscribed. There were temporary joint stocks until 1657, when a permanent joint stock was raised.The company settled down to a trade in cotton and silk piece goods, indigo, and saltpetre, with spices from South India