Why Was There An Intensive Rivalry Among The Trading Companies Of Different European Countries?
- Quantum of trade was not sufficient to sustain all the companies.
- Profit earned by them began to shrink . The only way to increase profit was by eliminating competitors.
- They build their own armies to protect their interest in India which resulted in the carnatic wars between English and Franch
Why Was There An Intensive Rivalry Among The Trading Companies Of Different European Countries?
Facebook Comments Box