What defines the British East India Company?

British East India Company. The British East India Company (1600–1858) was originally a private company granted a trade monopoly with the East Indies by Queen Elizabeth I. Its success in extracting concessions from native rulers eventually led to its de facto control over much of modern India between 1757 and 1858.Click to see full answer….

British East India Company. The British East India Company (1600–1858) was originally a private company granted a trade monopoly with the East Indies by Queen Elizabeth I. Its success in extracting concessions from native rulers eventually led to its de facto control over much of modern India between 1757 and 1858.Click to see full answer. Beside this, what did the British East India Company do?The East India Company was an English company formed for the exploitation of trade with East and Southeast Asia and India. Incorporated by royal charter on December 31, 1600, it was started as a monopolistic trading body so that England could participate in the East Indian spice trade.Furthermore, what is the difference between East India Company and British government? Answer:The company had trading rights with the Mughal and Maratha Empires. The British Raj on the other hand was direct British rule in India. After the Great Uprising, Queen Victoria abolished the Company and instead created the British Raj or “Indian Empire”. Besides, when did the British take over the East India Company? Company rule in India effectively began in 1757 and lasted until 1858, when, following the Indian Rebellion of 1857, the Government of India Act 1858 led to the British Crown’s assuming direct control of the Indian subcontinent in the form of the new British Raj.Who founded the British East India Company? John Watts

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