Saturday, March 10, 2012

What was the role of the British East India Company?

Also, what benefits did India receive from the company?

Thanks!What was the role of the British East India Company?
The British East India Company was formed in 1600 when a group of merchants were given a monopoly of all trade with East Indies. The ships first arrived in 1608. Trading posts were on the east and west coasts of India. A famine in 1769 and 70 in Bengal was not addressed by the British East India Company and one-third of he population died. In 1773 Lord North put a Governor-General in charge of India.The annexation of native states, poor treatment of the peasants, and bad revenue policies led to the Rebellion of 1857 (the Sepoy Mutiny). In 1858 the East India Company went out of business. There after the British King was in charge of India.

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