The eastern some India Trading Company The Dutch imitated this 2 yrs tin bc/ it was so successful. The twain were some of the early examples of articulation stock companies. It grew into one of the most important economic institutions in England. G e actuallyplacenors and a purchase order of merchants from London did trade w/ the eastern United States Indies. The organic law of the company was encouraged by Queen Elizabeth and the whoremonger Council (important persona of gov.). The original charter was very appealing to investors. It allowed the company to trade 30k pounds a year in foreign assume (used for merchandise and investing). It was also exempt from fashion tolls for the first 6 voyages pop and back w/ a subsidy from the g everyplacenment. eventually it was given up a 15 year monopoly w/ the East Indies which became the undermentioned 2 centuries. In the first 2 voyages on that loony similarlyns was a 95% wander of profit. In 1601 made over 68k pounds and captured Portuguese spice embark w/ 900 tons.

Unfortunately satiate the pepper market and gainful dividends in pepper. By tetrad journey both ships lost (importance of spreading risk) but by the 8th was earning 211-220% profit. By 1620 est. 12 outposts in China and Asia employees cc agents (factors). Had 2 shipyards on the Thymes and possess all ships and equipment. After the renovation of Dutch competition the spice trade gave way to the speed up cotton trade w/ China and India. Eventually the intervention by the government became too much of a saddle for the company.If you want to get a full essay, order it on our website:
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