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The British East India Company that would eventually come to effectively rule the whole Indian subcontinent started as a(n) __________.
The English (later British) East India Company was founded in 1600 by Elizabeth I, who gave the company a trading monopoly on all trade with the East Indies (India and much of South Asia). The company was a combined venture of several investors who pooled their resources and shared in the profits, much in the way of a modern corporation owned by shareholders. This practice is called a joint stock company.
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The British East India Company that would eventually come to effectively rule the whole Indian subcontinent started as a(n) __________.
The English (later British) East India Company was founded in 1600 by Elizabeth I, who gave the company a trading monopoly on all trade with the East Indies (India and much of South Asia). The company was a combined venture of several investors who pooled their resources and shared in the profits, much in the way of a modern corporation owned by shareholders. This practice is called a joint stock company.
Compare your answer with the correct one above
The British East India Company that would eventually come to effectively rule the whole Indian subcontinent started as a(n) __________.
The English (later British) East India Company was founded in 1600 by Elizabeth I, who gave the company a trading monopoly on all trade with the East Indies (India and much of South Asia). The company was a combined venture of several investors who pooled their resources and shared in the profits, much in the way of a modern corporation owned by shareholders. This practice is called a joint stock company.
Compare your answer with the correct one above
The British East India Company that would eventually come to effectively rule the whole Indian subcontinent started as a(n) __________.
The English (later British) East India Company was founded in 1600 by Elizabeth I, who gave the company a trading monopoly on all trade with the East Indies (India and much of South Asia). The company was a combined venture of several investors who pooled their resources and shared in the profits, much in the way of a modern corporation owned by shareholders. This practice is called a joint stock company.
Compare your answer with the correct one above
The British East India Company that would eventually come to effectively rule the whole Indian subcontinent started as a(n) __________.
The English (later British) East India Company was founded in 1600 by Elizabeth I, who gave the company a trading monopoly on all trade with the East Indies (India and much of South Asia). The company was a combined venture of several investors who pooled their resources and shared in the profits, much in the way of a modern corporation owned by shareholders. This practice is called a joint stock company.
Compare your answer with the correct one above