Asked in History of EnglandEconomicsBusiness and IndustryImporting and ExportingInternational Business and Trade
How did england strenthen its trade empire?
August 26, 2014 9:52PM
British Empire literally controlled world trade with the help of British East India Company. This company mainly handled trade in Indian sub-continent and China and was at its peak controlling half of all the world's trade. The Company is chiefly responsible for the rise of British Empire, as it had its own military force which could defend its interests militarily. The influence of East India company grew in India through a series of battles with local rulers.