Overview Of The East India Company

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All great empires start with a seed, a seed that then turns an empty field into an oasis of life. That seed was the East India Company and from that seed, the East India Company transformed England into what it is most famous for today, a vast empire that ruled the majority of Eurasia. The East India Company started out by looking for a means to new trade and connecting to untouched and unknown places. It can be said that the trade routes and posts that were established in India were the true beginning of the empire. After trade had evolved and became more and more popular amongst European superpowers, the competition increased. The Company stood its ground and instead of only keeping away the competition, The East India Company made alliances with the rivals to strengthen their roots. To defend their newly gained property and its people, they generated armies that had the advanced weaponry and skill of the British Empire. Through alliances, the utilization of armies, and the domination of world trade, the East India Company produced a foundation for the British Empire.
Before the Company had advanced into a well-developed trading and land acquiring machine, it started off as curiosity. In 1580’s, Francis Drake had just finished his voyage around the world and England had defeated the Spanish Armada. After these historic events, England decided to journey into the notorious East. One of the first explorers of the East was a London merchant named John Midenhall. In 1599, he set sail for India and stayed there for seven years before returning back to England. But the most momentous event that occurred in the history of the East India Company was in 1600 when Queen Elisabeth allowed the Company to charter a fifteen year v...

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...The East India Company began to lose its trade power because of the Regulating Act of 1773, and eventually lost Indian power to other trade countries wanting to gain more money. The Bengal Mutiny of 1857 marked the ending of the East India Company. The British Crown superseded the East Company after the Company’s 200 year reign in India. Three years later, the East India Company headquarters in London was destroyed (East of India Web).
The East India Company created a basis for the British Empire and eventually got destroyed by the empire that made it. The Company established factories throughout India, and shaped the Indian Government using their factories. Armies were trained and utilized to defend their territory and trade in India. The Company’s legacy in India tragically fell to the British Crown and ended a trade domination that was much more than just trade.

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