Free enterprise, or the free market, refers to an economy where the market determines prices, products, and services rather than the government. Businesses and services are free of government control.
Administered by the East India Company functioning as a sovereign power on behalf of the British Crown and regulated by the British Parliament. Governor-General.
They sought to select who would take the throne after them and who would be given administrative positions. The Company occasionally coerced the nations into forming a "subsidiary alliance". The conditions of this alliance prohibited the rulers of India from having their own independent armed forces.
The contemporary multinational has its roots in the English East India Company. Its global commerce network imported Asian luxuries including teas, silk, and spices. However, it also used opium to open up China's marketplaces and its private army to conquer most of India. They had a stranglehold on India's sizable market and cotton resources thanks to British economic policy. India functioned as a sizable captive market for British-produced products as well as a substantial source of raw materials for British industries.
Equal protection under the law: In all the Indian regions they directly controlled, the British enacted standardized laws. As a result, they helped lessen caste inequality in Indian society by denying upper caste members conventional social benefits.
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