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CHINA - Example: The Tea Act was imposed on May 10, 1763, under British Prime Minister George Greenville and King George III. This meant that the British East India Company was able to sell its overstock of tea from China in the colonies for a very low price. This created a monopoly on tea, which in turn put colonial merchants out of business and further infuriated colonists. The Tea Act was repealed by the Taxation of Colonies Act in 1778.
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∙ 15y ago
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∙ 12y agobecause the made so much that they had a to sell it.
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∙ 12y agoWiki User
∙ 12y agoThey sold tea to the colonists. By Christina chen
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∙ 12y agoThe East Indies
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∙ 14y agoyes it was
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Who controlled the government of India for almost 100 years?
the British East India Company
Which Mughal Emperor gave permission to the British East India Company to trade in India?
Jahangir agreed to allow the English to set up a base of operations for trade in India.
Where were east India company was?
The English East India Co's first successful voyage to India under the name "Governor and Company of Merchants of London trading with the East Indies" was in the year 1601. Earlier attempts made by merchants since 1588 were unsuccessful with either the ships returning home or lost at sea. The successful voyage was commandeered by Capt. James Lancaster
What was the name of the British company that became the leading power in India?
British East India Company is one of the company. It was present in 1800s.
When did globalization came to India?
After the formation of the British East India Company and the arrival of the British in India
Was the British east Indian company given a monopoly on America trade in tea?
The British East India Company
Which of these is the name of the company chartered by Queen Elizabeth to do trade in India?
The company was British East India Company, Chartered by queen Elizabeth to do trade in India.
Who controlled the government of India for almost 100 years?
the British East India Company
Who established East India Company?
The British established East India Company in 1600 with an intention to make profit through trade in Indian goods.
Which Mughal Emperor gave permission to the British East India Company to trade in India?
Jahangir agreed to allow the English to set up a base of operations for trade in India.
What country dominated trade in India in the late 1700?
The British, EIC (East India Company). The french were 2nd.
Write a short note on east India company?
The East India Company was a British company that was founded to make it easier to trade with countries in Asia. It was mainly for trading spices and other goods.
Where were east India company was?
The English East India Co's first successful voyage to India under the name "Governor and Company of Merchants of London trading with the East Indies" was in the year 1601. Earlier attempts made by merchants since 1588 were unsuccessful with either the ships returning home or lost at sea. The successful voyage was commandeered by Capt. James Lancaster
What british company had a monopoly on tea trade of 1773?
The name of the company was East India Tea Company http://history.collyerks.com/natl.shtml
Why was the east Indian company established?
The East India Trading Company came into being in 1600, when the British first arrived in India. It was set up and immediately given a trade monopoly in India; in other words, no other British company could trade out of India. East India Company was established in 1602, when the States-General of the Netherlands granted it a 21-year monopoly to carry out colonial activities in Asia. It was the first multinational corporation in the world and the first company to issue stock. East India Company was the name of several historical European companies chartered with the monopoly of trading with Asia; more specifically with India. * British East India Company, founded in 1600 * Danish East India Company, founded in 1616 * Dutch East India Company, founded in 1602 * French East India Company, founded in 1664 * Swedish East India Company, founded in 1731 * Portuguese East India Company, founded in 1628
What was the name of the British company that became the leading power in India?
British East India Company is one of the company. It was present in 1800s.
How did england strenthen its trade empire?
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.
