From Trade to territory

From Trade to territory
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  • FROM TRADE TO TERRITORY-EAST INDIA COMES EAST
  • EAST INDIA HAS THE RIGHT TO TRADE
  • In 1600 royal charter granted to East India Company granting the sole right to trade with the East.
  • 400 RS for cotton per KG
  • East India Company bought goods at a cheap price and sold them at higher price in Europe.
  • 9 DOLLARS\ for Cotton per KG
  • I can't buy pepper and all because it is very expensive
  • Pepper, cloves, cardamom and cinnamon were in great demand
  • East India company and its officials accumulated wealth by the trade of India and caught attention of other european powers. English east India company had to compete with other european companies such as French, Dutch and Portuguese.
  • We can't sell everything at a very high pricebecause the british is very strict and have all the power
  • Because of the powerful naval force British won over other european powers and became the champion of struggle of monotony of trade.
  • The king has told you to sell them a
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