the formation of the eastern tea company, and a power shift from the east to the west
During the 17th century, trade with European powers significantly impacted the Mughal Empire by enhancing its wealth and cultural exchange. European merchants, particularly the Portuguese, Dutch, and British, sought valuable commodities such as spices, textiles, and precious stones, leading to increased revenue for the Mughal treasury. However, this interaction also initiated competition among European powers and contributed to political instability within the empire, as they sought to expand their influence and control over trade routes. Ultimately, while trade enriched the empire, it also foreshadowed challenges that would arise from European colonial ambitions.
at first the two indirectly traded with the silk roads. However due to the age of exportation in Europe during the renaissance. a Portuguese explorer named vasco da gama started trade directly with India (mughal empire) through a new "trade route" that consisted of going around the continent of Africa. This was a big deal at the time because people in Europe believed such myths like the world ended the at a certain point, ect.
Yes, the Mughal Empire was a significant player in global trade during the 16th century. It was known for its rich resources, including spices, textiles, and precious stones, which attracted traders from Europe, the Middle East, and Asia. The empire's well-established trade routes and ports facilitated commerce, contributing to the exchange of goods and cultural influences on an international scale.
Spain primarily traded with other European States in the 16th century, like the Austrian Empire or France.
to be better at nothing
Mughal leaders began to surrender control of their economy to European powers.
Mughal leaders began to surrender control of their economy to European powers.
They grew rich trading Tea and spices.
The Ottoman Empire tried to resist European Trade and Culture but were not terribly effective in doing either, especially at resisting European Culture.
at first the two indirectly traded with the silk roads. However due to the age of exportation in Europe during the renaissance. a Portuguese explorer named vasco da gama started trade directly with India (mughal empire) through a new "trade route" that consisted of going around the continent of Africa. This was a big deal at the time because people in Europe believed such myths like the world ended the at a certain point, ect.
They would trade things such as Hemp, for textiles, and oilseeds and other plants which should not be hard to find, but their two main crops were Sugarcane and Cotton.
widened its influence and markets
Europeans had to find new trade routes to the East because the Ottoman Empire controlled and taxed existing routes.
The Ottoman Empire and Venice controlled existing trade routes to Asia and made European merchants pay taxes.
1. He introduced regulations dealing with matters such as the banning of the manufacture of drugs and wine, and the maintenance of public buildings. 2. Gold chain of justice which served as a link between the ruler and his people. 3. He extended the Mughal empire. Mughal control was established in Bengal. 4. In 1615 he signed a commercial treaty with the British . he did not realize that the fight between the Europeans and Gritish for control of trade with India would eventually lead to Mughal empire's decline.
Chinese silk trade