Dutch East India Company
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Nov 9, 2024 · East India Company, English company formed for the exploitation of trade with East and Southeast Asia and India, incorporated by royal charter on December 31, 1600. Starting as a monopolistic trading body, the company became involved in politics and acted as an agent of British imperialism in India from the early 18th century to the mid-19th ...
- Regulating Act
Regulating Act, (1773), legislation passed by the British...
- Students
From the 1680s the history of the company became the history...
- Regulating Act
The East India Company (EIC) [a] (1600–1874) was an English, and later British, joint-stock company founded in 1600 and dissolved in 1874. [4] It was formed to trade in the Indian Ocean region, initially with the East Indies (South Asia and Southeast Asia), and later with East Asia. The company gained control of large parts of the Indian ...
- Foundation
- Trade
- A State Within A State
- Government Regulation
- Government Takeover
A royal charter created the English East India Company on 31 December 1600 as a limited joint stock company (people invested capital and received part of the profits) managed by a group of 215 merchants and investors headed by the Earl of Cumberland. Awarded by Elizabeth I of England (r.1558-1603), the charter granted the EIC the exclusive right to...
The EIC was heavily involved in what become known as the 'triangular trade', which involved exchanging precious metals for products made in India (notably fine textiles) and then selling these on in the East Indies in exchange for spices. The spices (above all pepper) were then shipped to London, where they commanded prices high enough to make a pr...
The Mughal Empire did receive some other benefits to these trade arrangements. Often British warships performed services and helped protect the interests of the emperors at sea. The British-Mughal relationship was affected by the Marathas who challenged and conquered Mughal territories in the southern and western areas of India in the 18th century....
In 1764-5, after the Battle of Buxar, the Mughal emperor Shah Alam II awarded the EIC the right to collect land revenue (dewani) in Bengal, Bihar, and Orissa. This was a major step and ensured the company had vast resources to expand and protect its traders, bases, armies, and ships. The EIC had now become the official imperial tool of the British ...
1857-58 saw the collapse of the Mughal Empire and the formal closure of the EIC as the British Crown repressed the Sepoy Mutiny (aka The Uprising or First Indian War of Independence) which rebelled against British rule. The causes of the rebellion were many and ranged from discrimination against Indian cultural practices to Indian princes not being...
- Mark Cartwright
Oct 23, 2020 · The new English East India Company was a monopoly in the sense that no other British subjects could legally trade in that territory, but it faced stiff competition from the Spanish and Portuguese ...
- Dave Roos
Sep 29, 2022 · The English East India Company (EIC) was founded in 1600, and it came to control both trade and territories in India, as well as a trade monopoly with China. Goods the EIC traded included spices, cotton cloth, tea, and opium, all in such massive quantities it made its investors enormously rich, caused wars with competitors, and changed cultural ...
- Mark Cartwright
- The East India Trade Company traded with India, China, and Britain amongst many other countries.
- The East India Company traded opium with China in exchange for tea.
- The East India Company traded many spices but mostly pepper grown in India.
- The East India Company protected its trade by funding a very large army and arming its ships with cannons. These forces allowed the company to prot...
Jump to. The East India Company was probably the most powerful corporation in history. At its height, it dominated global trade between Europe, South Asia and the Far East, fought numerous wars using its own army and navy, and conquered and colonised modern day India, Pakistan, Bangladesh and Burma.
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Dec 5, 2023 · The East India Company was dissolved in 1874, nearly three hundred years after its founding. As one of the largest, longest lasting, and most powerful companies in history, the British East India Company is significant for its role in the growth of the world economy between the 17th and 19th centuries. But because it existed at a time when ...
