Origins of the British East India Company and Its...

The British East India Company played a key role in one of the most successful periods of British history. The East India Company was responsible for the invasion of the Indian subcontinent, which became one of the empire’s leading supplier of profits. The East India Company was responsible for the overthrow of Hong Kong and other Asian countries; it was responsible for creating Britain’s Asian empire. The British East India Company began as a joint-stock corporation of traders and investors which was granted a Royal charter by Queen Elizabeth 1 to trade with the East. The original name of the corporation when it first formed was Governor and Company of Merchants of London Trading into the East Indies (Landow). They joined together to†¦show more content†¦The Mughal territory included northern and central India and it was rich in merchandises that would profit the enterprise. Final agreements were reached in 1615 that allowed the corporation to start a base. I t sent â€Å"Indian textiles to the market at Bantam [from Surat]† (The [British East India] Company Story). This led the group to become the major trading business over the French, Dutch, and Portuguese trading companies in the Indian subcontinent. India had great proficient dyers and weavers that created cloth which went in demand throughout Asia and England. The company by 1690 â€Å"had trading centers (known as factories) all along the West and East of India† (The [British East India] Company Story). For instance, major bases were at Calcutta and Bombay. London was also an essential trading base â€Å"where goods were imported, exported and transferred from one country to another.† The British East India Company was allowed by the Chinese to trade at Canton in 1699. The conglomerate purchased products like tea and silk from China, covered the charge with silver. England began to worry that too much silver was being used to compensate for the tea; as a resul t, the British East India Company started to grow Opium in India to pay to the Chinese. By 1750, Indian silks, cottons and calicoes formed 60 percent of the organization (The [British East India] Company Story). Throughout this time, the Mughal Empire was subsiding. Provincial states began to emerge and they wereShow MoreRelatedThe Great War And Affected Persia And Central Asia Essay2478 Words   |  10 PagesThe sick man of Europe was seen by the majority of European powers as the oldest and most decrepit power in the Near East: however, many pay little attention to an even older man east of the Euphrates: Persia. This ancient kingdom, no longer seen as the awe-inspiring superpower of Classical times, was used by the powers around it as a stepping stone to further their own self-interest through diplomatic, military and political machinations. Chief amongst these opportunists were the tsars of RussiaRead MoreRethinking Mercantalism Essay15042 Words   |  61 PagesRethinking Merc antilism: Political Economy, the British Empire, and the Atlantic World in the Seventeenth and Eighteenth Centuries Author(s): Steve Pincus Reviewed work(s): Source: The William and Mary Quarterly, Vol. 69, No. 1 (January 2012), pp. 3-34 Published by: Omohundro Institute of Early American History and Culture Stable URL: http://www.jstor.org/stable/10.5309/willmaryquar.69.1.0003 . Accessed: 06/09/2012 12:18 Your use of the JSTOR archive indicates your acceptance of the TermsRead MoreAnalysis Of The Book Section One Beer 1278 Words   |  6 Pagesits rarity and showed power and money. As it became more a part of greek culture it became more widely available. Wine was also used in medicine to clean wounds. Roman farmers combined Greek influence with their own farming background to grow grapes instead of grain which they imported from colonies in North Africa. With the fall of the Roman Empire, wine continued to be associated with Christianity and the Mediterranean. Section three Spirits: In this section, the author introduces the fact thatRead MoreJ. R. Seeleys Perception of the British Raj and Its Origins Essay3841 Words   |  16 PagesIt is during the late 19th century that the British Empire in India reached its most imposing appearance. The period before the 1880s witnessed what is sometimes considered as the climax of Victorian power, prosperity and enterprise. The most popular political themes of improvement, self-help and adaptation had brought immense wealth and led to an assertion of British naval power and to a significant industrial and technological advance. 1877 became the year of the inauguration of the Indian EmpireRead MoreJames Cooks Contribution to the Development of the British Empire5375 Words   |  22 PagesJAMES COOKS CONTRIBUTION TO THE DEVELOPMENT OF THE BRITISH EMPIRE I) Introduction The purpose of this paper is to describe the life and the contribution to the development of the British Empire of one of the most important English explorers. It was in the second half of the 18th century when James Cook, originally a poor farm boy, explored and mapped vast uncharted areas of the Pacific and the Atlantic Ocean. However, James Cook was not ‘only an explorer. He can also be called a scientistRead More The Life and Contribution to the Development of the British Empire of James Cook5135 Words   |  21 PagesThe Life and Contribution to the Development of the British Empire of James Cook I) Introduction   Ã‚  Ã‚  Ã‚  Ã‚  The purpose of this paper is to describe the life and the contribution to the development of the British Empire of one of the most important English explorers. It was in the second half of the 18th century when James Cook, originally a poor farm boy, explored and mapped vast uncharted areas of the Pacific and the Atlantic Ocean. However, James Cook was not ‘only’ an explorer. He can alsoRead MoreOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 Pagesand Paul Buhle, eds., The New Left Revisited David M. Scobey, Empire City: The Making and Meaning of the New York City Landscape Gerda Lerner, Fireweed: A Political Autobiography Allida M. Black, ed., Modern American Queer History Eric Sandweiss, St. Louis: The Evolution of an American Urban Landscape Sam Wineburg, Historical Thinking and Other Unnatural Acts: Charting the Future of Teaching the Past Sharon Hartman Strom, Political Woman: Florence Luscomb and the Legacy of Radical Reform Read MoreEssay on ssa2211 revision notes3111 Words   |  13 Pageshis host, and takes over Singapura Reason for its end: 1396, Parameswara forced to flee from an invading Thai force sent to avenge the murder of its vassal Chapter 3: Lure of the Chinese Market Great civilizations of Asia: China, India and Middle East ïÆ'  Affected economic, social and political history of the coastal port-states of Melaka Straits region How did the port settlements along the Melaka Straits region function? (dependent on trade context) 1. Asian maritime trade involvingRead MoreInstitution as the Fundamental Cause of Long Tern Growth39832 Words   |  160 Pagesfundamental explanation for economic growth. As North and Thomas (1973, p. 2) put it: â€Å"the factors we have listed (innovation, economies of scale, education, capital accumulation etc.) are not causes of growth; they are growth† (italics in original). Factor accumulation and innovation are only proximate causes of growth. In North and Thomas’s view, the fundamental explanation of comparative growth is diï ¬â‚¬erences in institutions. What are institutions exactly? North (1990, p. 3) oï ¬â‚¬ers the following deï ¬ nition:Read MoreGeorge Orwell23689 Words   |  95 Pagesas western peoples go, the English are very highly differentiated. There is a sort of back-handed admission of this in the dislike which nearly all foreigners feel for our national way of life. Few Europeans can endure living in England, and even Americans often feel mor e at home in Europe. When you come back to England from any foreign country, you have immediately the sensation of breathing a different air. Even in the first few minutes dozens of small things conspire to give you this feeling. The