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From which of the following trade did the early entrepreneurs make a fortune?
  • a)
    Textile trade
  • b)
    China trade
  • c)
    Trade in tea
  • d)
    Industries
Correct answer is option 'B'. Can you explain this answer?
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Most Upvoted Answer
From which of the following trade did the early entrepreneurs make a f...
Early Entrepreneurs and China Trade

- Early entrepreneurs made a fortune from China trade.
- China was an important trading partner for many countries including Britain and America.
- The China trade refers to the trade between China and the rest of the world, which was mainly focused on tea, silk, porcelain, and spices.
- The early entrepreneurs were involved in trading these goods between China and the western countries.
- They established trading companies, such as the British East India Company and the Dutch East India Company, to facilitate the trade with China and other Asian countries.
- These companies had a monopoly on the trade with China and were able to make huge profits from the sale of tea, silk, and other goods in Europe and America.
- The early entrepreneurs also played a key role in introducing Chinese tea and porcelain to the western world, which became very popular and valuable commodities.
- The China trade was a major contributor to the growth of the global economy and the development of international trade.
- The early entrepreneurs who were involved in the China trade became very wealthy and influential, and their success inspired others to follow in their footsteps and explore new opportunities for trade and commerce.
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From which of the following trade did the early entrepreneurs make a f...
China Trade, of course. The entreprenuers could contrivance their investment; ship their lot; get supplies, etc- 
Also, in the British rule, British in India exported opium to China and produce tea which they would in turn, take to England.
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From which of the following trade did the early entrepreneurs make a fortune?a)Textile tradeb)China tradec)Trade in tead)IndustriesCorrect answer is option 'B'. Can you explain this answer?
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