What were the key events and factors that led to the rise and fall of the East India Company?
Understand the Problem
The content provided appears to be a historical overview of the East India Company's establishment, its trading practices, conflicts, and the eventual decline of its power in India under British governance. It details several key events and developments related to the company from its inception to its dissolution.
Answer
The rise and fall of the East India Company were due to monopoly rights, military conquests, corruption, the 1857 Rebellion, and its 1874 dissolution.
The key events and factors leading to the rise of the East India Company included the grant of monopoly trading rights by Queen Elizabeth I in 1600 and military victories like the Battle of Plassey. Its fall was triggered by corruption, the Indian Rebellion of 1857, and its eventual dissolution by the British government in 1874.
Answer for screen readers
The key events and factors leading to the rise of the East India Company included the grant of monopoly trading rights by Queen Elizabeth I in 1600 and military victories like the Battle of Plassey. Its fall was triggered by corruption, the Indian Rebellion of 1857, and its eventual dissolution by the British government in 1874.
More Information
The East India Company played a crucial role in establishing British influence in India. Its economic power grew to such extent that it had its own military and administrative capabilities, setting the stage for British colonial rule after its dissolution.
Tips
A common mistake is underestimating the role of economic and military strategies in the company's expansion. Consider the political context, such as alliances and regional conflicts.
Sources
- East India Company | Definition, History, & Facts - Britannica - britannica.com
- Fall of the East India Company - World History Encyclopedia - worldhistory.org
- British India to 1857: The Rise and Fall of the East India Company - tomwilliamsauthor.co.uk
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