What was the main goal of the British East India Company quizlet?
The British East India Company, was a joint-stock company which was granted an English Royal Charter [contract] by Elizabeth I on December 31, 1600, with the intention of exploring and trading with India and the surrounding areas. The goal was to make money for the company’s shareholders.
What was the main objective of East India Company in India?
The original aim of the East India Company was to trade. The company was chartered by Queen Elizabeth I for trade with Asia. The original object of the group of merchants involved was to break the Dutch monopoly of the spice trade with the East Indies.
What was the British East India Company What was their goal in India what did they trade quizlet?
What was the British East India Company’s goal in India and what did they trade? They wanted to make money for the company’s share holders. They traded cotton, silk, indigo, saltpeter (chemical used in gun powder), and tea.
What were the reasons for British colonization in India?
Britain came to India in 1858 for their profitable resources that the British Empire wanted to make theirs. Leaving in 1947 just to leave before a civil war broke out and leaving India in terrible shape taking and using whatever resources they wanted in their rule in India.
How did British gain consolidate and maintain power in India?
The British presence in India began through trade. Men like Robert Clive of the British East India Company combined military prowess with a ruthless ambition and became fabulously wealthy. With wealth came power, and traders took control of huge swathes of India. This clip is from the series Empire.
Why did Britain gain control of the Mughal Empire?
Britain then started exporting spices in 1690. The decline of the Mughal Empire, signalled by the death of Aurangzeb in 1707, also gave Britain an opportunity to gain more control over India. The falling empire resulted in a power vacuum, which Britain took advantage of. The Indian rebellion of 1857 rocked the Company.
Why did the Sepoy Mutiny fail?
Q: Why did the Sepoy Rebellion fail? The Sepoy Rebellion failed due to a couple of key elements. One of the major reasons was that the two Indian groups, the Muslims and the Hindus, were not friendly. Even though they had a common enemy, their basic grudge against each other led them to fight instead of merge.
What effects did British rule have on the Indian economy?
The Industrial Revolution in England created a serious impact on Indian economy as it reversed the character and composition of India’s foreign trade. This led to destruction of Indian handicrafts although there was no substantial growth of modern factory industry.
How was India affected by British imperialism?
British imperialism in India had impacted the nation adversely. First of all, India’s wealth was drained to a great extent during this period. British rule in India hit the Indian economy so hard that it was never able to recover. Religious conflicts and gaps expanded.
What were positive and negative effects of British imperialism in India?
British rule in India had both negative and positive effects on India. British rule brought Western technologies that improved medicine, transportation, warfare, and production of goods. Some negative effects included loss of money due to wars with Britain which caused widespread poverty throughout India.