Time 23.December 2024

Monopoly

Shah-Alam-conveying-the-grant_of-the-Diwani-to-Lord-Clive.jpg

6min3566
On December 31, 1600, the Company of London Merchants Trading with the East Indies, better known as the British East India Company, was founded in London. Soon, Queen Elizabeth I granted her a monopoly on trade with eastern countries. Such actions were quite in the spirit of the time, when foreign trade was based on […]


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