Capitalism and the English East India Company

The ships returned with a cargo mainly of pepper, leading to a 95% profit for the shareholders

It was lost at sea

It was similarly successful

<p>It was wrecked by its 'proud and headstrong master' on the west coast of India</p> Signup and view all the answers

<p>Pepper, cloves, and nutmegs</p> Signup and view all the answers

<p>Hector was rescued by Ascension and Dragon, while Susan was lost at sea</p> Signup and view all the answers

<p>Maximizing profits through scarcity and distance</p> Signup and view all the answers

<p>To avoid saturation and price depression</p> Signup and view all the answers

<p>To ensure there were enough sailors to get the ships back</p> Signup and view all the answers

<p>Rich London merchants</p> Signup and view all the answers

<p>By sending out several ships on each expedition</p> Signup and view all the answers

<p>Saturation of pepper market</p> Signup and view all the answers

<p>For their influence at Court</p> Signup and view all the answers

<p>Scarcity and distance</p> Signup and view all the answers

<p>Fitting out, building, and repairing ships</p> Signup and view all the answers

<p>To gain information about rival company's activities</p> Signup and view all the answers

<p>Complete disaster with wrecked ships and crew casualties</p> Signup and view all the answers

<p>Pepper, cloves, and nutmegs</p> Signup and view all the answers

<p>Lost at sea with most of her crew dead</p> Signup and view all the answers

<p>It achieved record profits and returns on investments</p> Signup and view all the answers

<p>The 'proud and headstrong master' ignored local warnings about shoaling waters</p> Signup and view all the answers

<p>The crew was ambushed at a Madagascan port resulting in casualties</p> Signup and view all the answers

<p>To make huge profits by trading goods at high price differentials</p> Signup and view all the answers

<p>Saturation of the market due to excessive participation in the trade</p> Signup and view all the answers

<p>Their influence at Court was valuable for obtaining royal favor and privileges</p> Signup and view all the answers

<p>To spread the risk associated with long periods of uncertainty in far-away places</p> Signup and view all the answers

<p>Rich London merchants</p> Signup and view all the answers

<p>They provided valuable information about their competitor's activities</p> Signup and view all the answers

<p>$The difference between the buying and selling prices of traded goods$$</p> Signup and view all the answers

<p>$They could lead to a saturation of markets or a sudden depression of prices$$</p> Signup and view all the answers

<p>$To contribute to the company's capital, mainly from Dutch merchants excluded by a rival company$$</p> Signup and view all the answers