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Why was the East India Company originally formed?

Posted by Muskan Malviya 4 years, 10 months ago

CBSE > Class 05 > Social Science

1 answers

Meghna Thapar 4 years, 8 months ago

The East India Company was an English company formed for the exploitation of trade with East and Southeast Asia and India. Incorporated by royal charter on December 31, 1600, it was started as a monopolistic trading body so that England could participate in the East Indian spice trade.

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