What's meaning of trade to territory do .should east India company res...
From trade to territory: The Mughal Empire ruled most of the Indian Territory, right from the early 16th century to the mid 19th century. As they took over the country they introduced the concept of trade and then used the same concept against us.Yes east India Company should have been respected trading rights in Bengal.
What's meaning of trade to territory do .should east India company res...
Trade to Territory:
Trade to territory refers to the transformation of trade-based activities into territorial control and political dominance. This process often involves the establishment of colonies or the acquisition of territories to facilitate and protect trade interests.
Respecting Trading Rights in Bengal:
The East India Company should have respected trading rights in Bengal for several reasons:
- Economic Stability: By respecting trading rights, the East India Company could have maintained economic stability in Bengal, fostering a positive relationship with local traders and merchants.
- Legal Obligations: Upholding trading rights would have been in line with international trade laws and norms, demonstrating the company's commitment to fair and ethical business practices.
- Political Considerations: Respecting trading rights would have helped the East India Company avoid political turmoil and conflicts with local authorities in Bengal, thereby ensuring smoother operations.
- Social Impact: By respecting trading rights, the company could have gained the trust and support of the local population, leading to better integration and cooperation in the region.
In conclusion, honoring trading rights in Bengal would have not only benefited the East India Company economically and politically but also contributed to a more harmonious and mutually beneficial relationship with the local community.
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