Tea act because they sold their extra tea to the colonies without having to pay taxes witch made them cheaper over all, making merchants not being able to match their price.
In 1600 Queen Elizabeth I granted permission to a group of merchants to set up a private trading company named as East India company(EIC)
Finance colony merchants referred to trading organizations as "chartered companies." These companies were granted exclusive rights by a government to trade in specific regions, often monopolizing trade in valuable commodities. They played a crucial role in the expansion of European colonial empires by facilitating trade and establishing economic dominance in foreign territories.
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the tea act allowed the east india trading co (a british company) to have a tax break on selling tea but no tax break for the american merchants selling tea
The Dutch East Indies company, a trading company.
find ways to smuggle and otherwise evade the law by trading with other countries.
first modern MNC in the world was East India Company .. founded in 1600 London under the name Governor and Company of Merchants of London Trading into the East Indies
The east india was a group of individual made by th queen elizabeth
In 1600 Queen Elizabeth I granted permission to a group of merchants to set up a private trading company named as East India company(EIC)
united merchants are NOT trading in SOME states but thet may in others
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Finance colony merchants referred to trading organizations as "chartered companies." These companies were granted exclusive rights by a government to trade in specific regions, often monopolizing trade in valuable commodities. They played a crucial role in the expansion of European colonial empires by facilitating trade and establishing economic dominance in foreign territories.
Capital was large sums of money needed by merchants to invest in businesses and trading ventures.
Merchants made money by selling goods or trading goods.
The collective noun for "merchant" is a "guild" or a "congress." In historical contexts, a group of merchants working together could also be referred to as a "trading company" or a "consortium." These terms highlight the collaborative and organized nature of merchants working in conjunction with one another.
the tea act allowed the east india trading co (a british company) to have a tax break on selling tea but no tax break for the american merchants selling tea