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why were chartered companies important to british imperialism in india? just answer with anything lol

Sagot :

Answer:

-In general, monopolies over particular branches of commerce (such as the English East India Company’s monopoly of trade with India and Asia) were granted, and consequently chartered companies became organs of imperial expansion and control.

-Chartered companies are the monopolistic organizations in commercial capitalism of the 16th - 18th centuries and are one of the most important tools of primitive accumulation of capital and in establishing colonial empires, as capitalism needs monopoly as well as free trade.

-Chartered companies in Africa aided the emergence of a European-centered global capitalism that required African labor, commerce, and colonies to thrive, but which took more from Africa than it gave in return.

-The British chartered companies were the first and by far the most successful of all those founded during the colonial movement of the late nineteenth century. Indeed, they provided the pattern for the rather forced imitations of the method adopted by continental colonizers.

-Indian society underwent many changes after the British came to India. In the 19th century, certain social practices like female infanticide, child marriage, sati, polygamy and a rigid caste system became more prevalent.

-They defeated the Mughal empire and took control of India's government.

These were my notes in class today we got asked the same question. Hope This Helps You! A brainliest would mean a lot.