A chartered company is an association formed by investors or shareholders for the purpose of trade, exploration, and colonization.
The East India Company evolved from a small enterprise run by a group of City of London merchants, which in 1600 had been granted a royal charter conferring the monopoly of English trade in the whole of Asia and the Pacific.
The company received a Royal Charter from Queen Elizabeth I on 31 December 1600, coming relatively late to trade in the Indies.
The East India Company was established in 1600 as a joint-stock company with a monopoly of the trade to and from the East Indies. Its political achievements form a large part of the history of the British Empire, and its economic power was enormous, contributing substantially to the national wealth and causing the company to be the centre of most of the economic controversies of the 17th century. The company ended up seizing control over large parts of the Indian subcontinent, colonized parts of Southeast Asia, and colonized Hong Kong after a war with China.
By 1803, at the height of its rule in India, the British East India company had a private army of about 260,000—twice the size of the British Army, with Indian revenues of £13,464,561, and expenses of £14,017,473. The company eventually came to rule large areas of India with its private armies, exercising military power and assuming administrative functions. 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.
The correct answer to this open question is the following.
Although there were no options attached, we can say the following.
One goal the French and Spanish colonists had in common in the New World was to get rich through the fur trade.
The French in North America did not think about settling or colonized the territory. They wanted to get rich through the fur trade, The French respected most of the Native American Indians and had a decent relationship with them. The Spaniards also participated in the fur trade, although they were more interested in the gold and other raw materials in Mesoamerica and South America.
answer: to better help your understanding or help you with this question i need a picture
The two factors were <span>a great increase in steel production and an increase in the value of manufactured goods. (source: quizlet</span>
