Chartered Modern Companies PDF
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S.G. College Koppal
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Summary
This document provides an overview of chartered modern companies, including their roles in colonialism, early globalization, and in shaping the modern world. The text details their impact on trade and administration, along with examples.
Full Transcript
## Chartered Modern Companies ### Definition: - Granted rights by governments. - For the purpose of trade, colonization or both. - Business Roles and Government Roles. ### Example: - **Dutch East India Company** - Established in 1602. - Dutch trade in Asia. - Silk, cotton, porcelain...
## Chartered Modern Companies ### Definition: - Granted rights by governments. - For the purpose of trade, colonization or both. - Business Roles and Government Roles. ### Example: - **Dutch East India Company** - Established in 1602. - Dutch trade in Asia. - Silk, cotton, porcelain. - First multinational, first stock company. - **British East Indian Company** - Established in 1600. - Key role in colonization of India. - Trade - administration. - Cotton, silk, tea. - **Hudson’s Bay** - Established in 1670. - Fur trade, exploration of North America. - Evolved into modern retail business. ### Role of Chartered Modern in Colonialism: - Exploitation of resources and labor. - Political and administrative control. - Cultural and economic impacts on colonies. ### Role in early globalization: - Establishment of trade routes. - Exchange of goods, culture, ideas. - Foundation of modern supply chains. ### Impact on Modern World: - Revolutionary and economic changes. - Distribution of monopolies. - Rise of shareholder-owned corporations. - Legacy of Chartered Companies. - Foundation of legal frameworks for multinational. ### Chartered Companies vs. Modern Corporations: - **State-supported monopolies:** - Regional dominance. - **Government-chartered:** - Regional dominance - **Privately owned:** - Global reach. - Free-market policies. - Global reach.
