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Zielflug [23.3K]
3 years ago
13

What is a vertical monopoly in the glided age

History
1 answer:
natka813 [3]3 years ago
6 0
It controls all aspects of the production process
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The EIC called them 'British naval power' and 'crown troops' stationed in India. With many military advantages on their side, EIC became a powerful player in the local polity as it was involved in local disputes. The Mughals, taking stock of the British fortifying Calcutta's Fort William, attacked them.

In 1772, under Warren Hastings, the East India Company took over revenue collection directly in the Bengal Presidency (then Bengal and Bihar), establishing a Board of Revenue with offices in Calcutta and Patna, and moving the pre-existing Mughal revenue records from Murshidabad to Calcutta.

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