The Success Of The British East India Company

The original motive of the East India company was almost certainly a desire for personal monetary profit, but there were certainly other reasons for the further expansion into India. As the Industrial revolution began in Britain the

A. The Dutch East India Company, formed in 1602 to protect Dutch trading interests in the Indian Ocean, succeeded for many years

British East India Company played a significant yet strange part in the Indian. It was, at its inception, a commercial venture in the history of The British Empire, which was established in the year 1600 in the subcontinent. The main reason for entering the subcontinent was trade, making money and importing spices from South Asia. It was the Portuguese who used all their skills and their navigational technology to enter this great area first, and start trade in the most profitable manner they could. East India Company entered as an early and old-fashioned venture, and conducted a separate business with their private stockholders. Their approach and their trade lasted for many years until year 1657 (Farrington 5), when they made their base

In the 1700s Britain established the British East India Company to create more profitable trade around the world. It became one of the most powerful mercantile organizations by creating and maintaining a monopoly on many exotic goods including cotton, silk, tea, and spices transferred to Britain. As it grew in power the company began to develop its own standing military, which established further control of the region and its peoples. Once Britain had fully taken control they began to implement changes, these changes had both positive and negative

These expeditions prepared England for an age of colonisation and trade expansion, which Elizabeth herself recognised by establishing the East India Company in 1600.

India is a great example about how they were too weak. India is probably in the best position for trade, due to its central location between Africa and Asia. India was a great area for trade.Before the West’s power overtook India, it was small not unified. In document 5 a person can be seen weaving on their own. This is before they were introduced to industrial textile production. The British wanted to take control of India and combine with them to become bigger and stronger. Britain saw India as a market and is a source of raw materials they built roads and impressive railroads to transport factory made goods across the subcontinent. These roads and railroads are used to carry materials such as coal and cotton to coastal ports to transfer the factories in England. This description of India can relate to Document 6, in this document a railroad is seen being built under British control. Railroads are an example of modernization taking over this country.

In 1615 the East India Company acquired its first territory in Bombay, India. The East India Company was a British company that traded for goods, services, and raw materials with India. What initially started as a trading company became a company ruling a country with Brittan’s backing. The company established an army in India comprised mostly of local citizens called Sepoys. With help from the British army and navy, the East India Company fought other European countries also occupying India for control of the region. By 1715 the EIC and Brittan had beaten back the French in the Battle of Plassey. This secured their dominance in India and a

Dutch wanted pure profits from Asia. They used military (bloody methods) to ruin the Native people and their trade system instead of economic competitions. British also used private trading companies and they focused on India. Because British settlers were private companies, they mainly focused on Indian cottons, which were considered as “diamond” in Europe. To sell cottons back to Europe would give them huge wealth.

British imperialized India, by indirectly controlling India until the British thought the indians were of use for the British. When the British learned India could help them politically, economically, and socially . The British realized they couldn’t let the Indians overthrow their role so when riots started breaking out in India, Europe took harsher direct rule over India. India did not benefit from British imperialism either politically, economically, or socially.

By around the year 1920, The British have taken control of more than 25 percent of the human population. India was one of those colonies. Originally used by the British East India Company for a source of Cotton, Indigo, and Tea, The British took complete Economic, Social, and Political control of India before the Sepoy Rebellion in 1857. With many natural resources and a huge population of potential consumers, India had become the ¨Jewel in the Crown¨ of the British Empire. The administration of India that Britain created was superbly efficient, leading to the construction of massive infrastructure throughout all of India, and the education of some elite class Indians. On the other hand, British rule of India served the needs of the British

Britain took over India after a brief struggle with France; initially to aid in its economy; mainly its textiles. The plan was to have Indians harvest raw materials to ship back to Britain. Britain would therefore have cheap raw materials sent back to them; because India was mercantilist (could only trade with the mother country) they did not have much of a choice but to sell to Britain cheaply. Britain therefore always had a steady source of raw materials Britain would turn raw materials into finished products that it would ship back to India and sell to Indians. Prices for goods were low and Indians liked that, but also Britain had a steady source of income. The most useful Indian industry for Britain was its cotton industry; Britain often used Indian cotton for clothing. India made for a cheap way to assemble (cheap labor) and an easy way to get business.

They found ways in which they could make profit and by ruling India, it was the perfect way to make even more money. But during the British rule in India, many people were not happy about the way that the Europeans were treating them. They were forming a deep hatred for the British because the British had decided to come and barge into their country (colonialism) and start ordering them around and treating them disrespectfully.

Let's start with India. India during this age had a lot to offer Britain. India was filled with raw materials that Britain wanted. They started the British East India Company in order to take over. They continuously grew in power and started to influence

The East India Company was a British joint-stock company establish on the 31st of December, 1600 under the original name ‘The Company of Merchants of London trading into the East Indies.’ Over the next hundreds of years the Company set a sail attempting to find riches in trade on their journeys to these new lands. They found value in crops such as indigo, salt, cotton, silk, opium and other cash crops that the barren land of Europe lacked. This would be the company that would set sail to the land of India and dominate its soil from the middle of 1700’s to the middle of the 1800’s.

A corporation, as defined by the Business Dictionary, is a “Firm that meets certain legal requirements to be recognized as having a legal existence, as an entity separate and distinct from its owners.” One of the earliest known corporations was the East India company (EIC), receiving its Royal Charter from Queen Elizabeth I, in 1600, which granted it the right to incorporate during a time when most people were either sole proprietors or in partnerships. The EIC was a charter company whose most lucrative commodity was tea, opium and textiles. Their power and influence was unparalleled and unyielding, acting as a governing authority in places with weak or no governments. By taking control of the Bengal opium industry, they were able to trade opium for tea in China, using the excess gains to buy textiles in Bengal and use them to trade for slaves in Africa, which ultimately they sold for gold in America. These army-backed bandits were above the law and beneath the bailout. By the time of their eventual demise, the world had changed and laws were put into place to prevent another EIC era, which better fit Ambrose Bierce 's Devil 's Dictionary description of a corporation as, “an ingenious device for obtaining profit without individual responsibility”.