Essay sample library > Origins of the British East India Company and Its Influence on the British Imperial Government and North American Colonies

Origins of the British East India Company and Its Influence on the British Imperial Government and North American Colonies

2023-01-25 23:53:37

British East India Company played an important role in one of the most successful times in British history. East India Company is in charge of invasion into the Indian subcontinent. The Indian subcontinent has become one of the main benefit providers of the empire. East India Company is responsible for defeating Hong Kong and other Asian countries; it is responsible for creating the British Asian Empire. The British East India Company was originally a joint-stock company consisting of traders and investors, and was awarded the Royal Charter and Oriental Trade by Queen Elizabeth I.

East India Company is one of the important vessels of British imperialism. It is controlled by wealthy businessmen and is known for trade in tea, porcelain, spices, salt, opium. In the British colonial era in India, East India Company even procured its own private military unit to protect pure economic interests. This information source covers the company's history from the establishment of the Royal Charter of 1600 to the collapse of the second half of the 19th century. This book explains the commercial aspects of imperialism. And it embodies the theoretical economic factors related to imperialism. More importantly, it narrows the scope of imperialism to the behavior of companies that the UK government can not directly control from the political and economic behavior of the country. It also provides a comprehensive overview of the company's tea and opium trade with the Chinese Qing Empire. It analyzes the occurrence of the Opium War from a commercial perspective.

India was not influenced by the emperor medal of 1825 who tried to put British pound coins in the British colony. The British India of that time was dominated by British East India Company. Through British Raj and other areas Silver Rupee will continue to be the currency of India. In 1835, the British Indian adopted the rupee-based single metal silver standard, but this decision is influenced by the letter written by Lord Liverpool in 1805.

In order to stabilize the problem and prevent future problems, the British government took over East India Company and implements direct imperial rule in India. By rule of East India company and direct colonial rule, British rule changed India. British officials have forested the forest and reorganized the ownership of the land and forced the cultivation of important crops for trade such as tea, coffee, opium etc. which is not important for local people. Europeans built trains and telegraphs to strengthen the former sacred nation and the larger world economy (Bentley 941). British did not mandate Christianity, but established a British style school and oppressed Indian customs contradictory to European laws and values.