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Top Questions: East India Company



Transcript

What was the East India Company?
The East India Company was an English company formed for the exploitation of trade with East and Southeast Asia and India.

Why was the East India Company established?
The East India Company was initially created in 1600 to serve as a trading body for English merchants, specifically to participate in the East Indian spice trade, and it later added items such as cotton, silk, tea, and opium.

When was the East India Company founded?
The East India Company was incorporated by royal charter on December 31, 1600.

Why did the East India Company fail?
Although it started as a monopolistic trading body, the East India Company became involved in politics and acted as an agent of British imperialism in India.
This led to government intervention, and, after the Indian Mutiny (1857) hastened its end, it ceased to exist in 1873.

What other names were used for the East India Company?
Formally, the East India Company was the Governor and Company of Merchants of London Trading into the East Indies (1600–1708) and United Company of Merchants of England Trading to the East Indies (1708–1873).
Informally, it was the English East India Company, to differentiate it from the French East India Company and the Dutch East India Company.
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