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finance trading ventures
Firstly, there wasnt just one East India Company, the british, french, dutch, spanish, Portuguese, swedish and danish all had east India companies. Secondly, the east India companies all focussed around one particular thing, profit through trading. This was achieved by trading with the forign nations mainly in India and the East Indies such as the Maratha Confederacy and the Mughal Empire. When they traded with them, they did two things, on the voyage there, the ships were full of cheap cargo from Europe and the Americas such as Tobacco, Iron, Steel and Weapons which were sold expensively in India, then they filled the ships with cargo from India such as Spices, Tea and Silk. These ships then sailed back to their home countries and sold these goods in the east India docks to the public expensively as they were very rare commodities in Europe. So basically, the purpose of the East India Companies was to primarily import and export goods which benefited their nations but they also made profit using supply and demand just like most companies do.
A+ (Finance trading ventures)
Judson Marks
Wiki User
∙ 9y agofinance trading ventures
Firstly, there wasnt just one East India Company, the british, french, dutch, spanish, Portuguese, swedish and danish all had east India companies. Secondly, the east India companies all focussed around one particular thing, profit through trading. This was achieved by trading with the forign nations mainly in India and the East Indies such as the Maratha Confederacy and the Mughal Empire. When they traded with them, they did two things, on the voyage there, the ships were full of cheap cargo from Europe and the Americas such as Tobacco, Iron, Steel and Weapons which were sold expensively in India, then they filled the ships with cargo from India such as Spices, Tea and Silk. These ships then sailed back to their home countries and sold these goods in the east India docks to the public expensively as they were very rare commodities in Europe. So basically, the purpose of the East India Companies was to primarily import and export goods which benefited their nations but they also made profit using supply and demand just like most companies do.
A+ (Finance trading ventures)
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Who controlled the government of India for almost 100 years?
the British East India Company
When did east India company came?
The east India company came to India in 1600
When did East India company come into being?
The "dutch east india company" was came to india in "1602"
When did the east India company disssolve?
In the year 1858 east india company dissolved.
What was the East India Company-?
The east india was a group of individual made by th queen elizabeth
When was Danish East India Company created?
Danish East India Company was created in 1616.
When was East India Company College created?
East India Company College was created in 1805.
When was East India Film Company created?
East India Film Company was created in 1932.
When did Swedish East India Company end?
Swedish East India Company ended in 1813.
When was Swedish East India Company created?
Swedish East India Company was created in 1731.
When was French East India Company created?
French East India Company was created in 1664.
Was the British east Indian company given a monopoly on America trade in tea?
The British East India Company
