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The East India Company, established through a charter by Queen Elizabeth I, was vital in shaping the trade dynamics of the 17th to 19th centuries. It held a monopoly over English trade with Asia, significantly impacting economic and social conditions in both Britain and the East Indies. From its first voyage led by Sir James Lancaster to its trading post in Surat, the Company imported valuable goods like spices, cotton, and indigo, creating profound changes in consumer culture in Britain and altering societies in Asia.
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How did the East India Company change people’s lives in Britain and Asia? ACTIVITY 3: HISTORICAL ENQUIRY
The East India Company AN INTRODUCTION
Creation of ‘the Company’ Key Stage 3 – How did the East India Company change lives in Britain and Asia? London merchants hoped to secure their own supply of spices from the ‘East Indies’. Queen Elizabeth I signs Charter creating ‘The Company of Merchants of London Trading to the East Indies’.
Monopoly Key Stage 3 – How did the East India Company change lives in Britain and Asia? The Company was granted a monopoly on all English trade east of the Cape of Good Hope. Until 1813, it was the sole company importing goods like spices, cotton and indigo from India to Britain.
Early voyages to Asia Key Stage 3 – How did the East India Company change lives in Britain and Asia? Sir James Lancaster commanded the first Company expedition to Asia, returning with a cargo of pepper. In 1607, the Company established a trading post at Surat, on the west coast of India.
Delhi Calcutta Canton Surat Bombay Seringapatum