The most important goals of the East India Company were to spread British influence and power, establishing a trading post in the region, and bring the trade goods back to England to benefit the British investors.
What were the goals of the British East India Company?
The East India Company was initially created in 1600 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.
What was the primary goal of the English later British East India Company?
The act’s main purpose was not to raise revenue from the colonies but to bail out the floundering East India Company, a key actor in the British economy. The British government granted the company a monopoly on the importation and sale of tea in the colonies.
What was one negative consequence of the British Raj rule in India?
What was one negative consequence of the British raj’s rule in India? Sanitation and public health continued to suffer. The legal system saw few modern improvements. Only a few thousand Indians got a higher education.
Why did the British government feel the need to replace the British East India Company?
a) The British government believed that the British East India Company was causing too much disruption in India’s social structure. Explanation: The British East India Company had originally ruled the South Asian area now known as India in order to insure the profitability of its business activities.
Who ruled India before British?
The Mughals ruled over a population in India that was two-thirds Hindu, and the earlier spiritual teachings of the Vedic tradition remained influential in Indian values and philosophy. The early Mughal empire was a tolerant place. Unlike the preceding civilisations, the Mughals controlled a vast area of India.
Who allowed British to enter India?
Elizabeth granted her permission and on 10 April 1591 James Lancaster in the Bonaventure with two other ships sailed from Torbay around the Cape of Good Hope to the Arabian Sea on one of the earliest English overseas Indian expeditions.
Why was the East India Company so powerful?
The East India Company’s royal charter gave it the ability to “wage war,” and initially it used military force to protect itself and fight rival traders. In 1757, however, it seized control of the entire Mughal state of Bengal.
What is the nickname of the English East India Company?
History of the East India Company. The Honourable East India Company (HEIC) was incorporated on 31 Dec 1600 by Queen Elizabeth I and was often called by its nickname John Company.
How did the East India Company make money?
The English East India Company was incorporated by royal charter on December 31, 1600 and went on to act as a part-trade organization, part-nation-state and reap vast profits from overseas trade with India, China, Persia and Indonesia for more than two centuries.
What was one positive result of British Raj’s rule in India?
A positive result of the British RAJ rule in India was the establishment of democracy. The RAJ was the name of the colonial system that the English created in this country from 1858 to 1947. It was Queen Victoria and her government who decided to take control of the region instead of the East India Company.
What was one cause of the Sepoy Rebellion in India?
The immediate cause for the revolt was the introduction of the new Enfield rifle to the British Indian Army. To load it, the sepoys had to bite off the ends of greased cartridges that held the gunpowder for the rifle.