Saturday, March 2, 2024

Prosperity In The Subcontinent Attract Trading Companies Of Which Region?

If you are looking for the answer to the question prosperity in the subcontinent attract trading companies of which region then you have come to the right place.

Some people think that the right answer is either the Australian subcontinent or Russian subcontinent but the right answer is the European subcontinent.

So to answer your question, prosperity in the subcontinent attract trading companies of the European region.

So now you might ask why European trading companies even got attracted to India?

The European trading companies were attracted to India for a variety of reasons. The country was rich in natural resources, including spices, cotton, and precious metals. 

India also had a large population that was able to provide a ready market for goods. Furthermore, the country’s location made it an ideal gateway for trade between Europe and Asia.

The East India Company recognized that there were significant business potential in India. 

The company has the opportunity to buy items in India at a lower cost and “transport” them back to Europe, where they may be sold at a greater price. This was the primary enticement that led the corporation to do business in India.

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