An introduction to the history of the british east india company

Stumble A Brief History of the British East India Company Between early s and the midth century, the British East India Company lead the establishment and expansion of international trade to Asia and subsequently leading to economic and political domination of the entire Indian subcontinent. A joint stock company, shares owned primarily by British merchants and aristocrats, the East India Company had no direct link to the British government. They traded mainly in commodities exotic to Europe and Britain like cotton, indigo, salt, silk, saltpetre, opium and tea.

An introduction to the history of the british east india company

See Article History Alternative Titles: 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 midth century. In addition, the activities of the company in China in the 19th century served as a catalyst for the expansion of British influence there.

Incorporated by royal charter on December 31,it was started as a monopolistic trading body so that England could participate in the East Indian spice trade. It also traded cotton, silk, indigo, saltpeter, and tea and transported slaves. It became involved in politics and acted as an agent of British imperialism in India from the early 18th century to the midth century.

From the late 18th century it gradually lost both commercial and political control. In it ceased to exist as a legal entity. Learn more about the spice trade. Why was the East India Company established? The East India Company was initially created in to serve as a trading body for English merchants, specifically to participate in the East Indian spice trade.

It later added such items as cotton, silk, indigo, saltpeter, tea, and opium to its wares and also participated in the slave trade. The company eventually became involved in politics and acted as an agent of British imperialism in India from the early s to the mids.

When was the East India Company founded? The East India Company was incorporated by royal charter on December 31, It was an English company formed for the exploitation of trade with East and Southeast Asia and India. Although it started as a monopolistic trading body, it became involved in politics and acted as an agent of British imperialism in India from the early 18th century to the midth century.

An introduction to the history of the british east india company

After being weakened for decades, it ceased to exist as a legal entity in Why did the East India Company fail? A number of things contributed to the end of the East India Company. It acquired control of Bengal on the Indian subcontinent inand, as the company was an agent of British imperialism, its shareholders were able to influence British policy there.

This eventually led to government intervention. The Regulating Act and the India Act established government control of political policy.

Tea, Textiles and Porcelain

It lost that role after the Indian Mutiny What other names were used for the East India Company?EAST INDIA COMPANY, ENGLISH. EAST INDIA COMPANY, ENGLISH. The English East India Company (–) was one of the longest-lived and richest trading companies. It exercised a pervasive influence on British colonial policy from early in its history because of its wealth and power both in England and in the rest of the .

The East India Company was a private company which, after a long series of wars and diplomatic efforts, came to rule India in the 19th century. The East India Company was a private company which, after a long series of wars and diplomatic efforts, came to rule India in the 19th century.

An introduction to the history of the british east india company

Chartered by Queen Elizabeth I on December 31, , the original company comprised a group of London merchants who hoped to trade for spices at islands in.

A Brief History of the British East India Company Between early s and the midth century, the British East India Company lead the establishment and expansion of international trade to Asia and subsequently leading to economic and political domination of the entire Indian subcontinent.

British East India Company played a significant yet strange part in the Indian. It was, at its inception, a commercial venture in the history of The British Empire, which was established in . From its origins as a small London enterprise, the East India Company (EIC) emerged as a powerful commercial and political organisation, whose presence in the .

The British East India Company | History