Answer:
Because they serve as the major importer of foreign goods, and readily available markets for local goods.
Explanation:
European trading companies which were very common around the fifteenth century going forward such as the British East India Company, the Hudson's Bay Company, the Dutch East India Company, and the Dutch West India Company, became an inevitable part of the politics and economy of South India” and other regions of Asia in the period 1450–1750 "Because they serve as the major importer of foreign goods, and readily available markets for local goods."
Through trade, taxes, and other tariffs, they were a major source of money for the different empires in these regions, thereby becoming an inevitable part of the politics and economy of south India.
Britain, France and Russia before World War 1
In the review, the writer keep using the word 'we' such in : "we doubt Mrs. stowe would recognize the cogency of this argument"
Answer:
The system of feudalism depended on weak ruler.
Explanation:
the dominant social system in medieval Europe, in which the nobility held lands from the Crown in exchange for military service, and vassals were in turn tenants of the nobles, while the peasants (villeins or serfs) were obliged to live on their lord's land and give him homage, labor, and a share of the produce, notionally in exchange for military protection.
Two most important factors were the development of industry and industrialization, and the slave trade. People started accumulating large amounts of wealth due to these two and started investing them in businesses, both personal and by other people. This led to the development of capitalism not only in Europe, but other places too.
