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East India Company

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    East India Company
  •   Study   Slideshow
  • When was the East India Company founded?
    1707
    1600
    1857
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  • Who granted the East India Company its charter?
    Queen Elizabeth I
    King George III
    Queen Victoria
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  • What type of company was the EIC?
    Chartered company
    Shipping guild
    Private bank
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  • What monopoly did the EIC have?
    North American mining
    Asian trade
    European farming
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  • Why is the EIC sometimes called the world’s first multinational corporation?
    It operated across continents
    It had the most ships in the world
    It invented the stock market
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  • What goods did the EIC initially trade?
    Spices silk cotton tea opium
    Oil cars planes
    Coal iron steel
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  • Where were the EIC’s first bases?
    Factories in Britain
    Small trading posts in India
    Ports in Africa
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  • What did profits from trade give the EIC?
    Influence
    New technology
    Independence from Britain
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  • What military force did the EIC develop?
    A national navy
    A royal guard
    A private army
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  • Why did the EIC need a private army?
    To guard Queen Elizabeth
    To fight pirates in Europe
    To protect its trade and expand power
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  • What kind of power did the EIC gain in India?
    Political power
    Cultural power
    Religious power
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  • What is imperialism?
    One country extending control over others
    People electing governments
    A country trading fairly
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  • What is colonialism?
    Democracy in action
    Building new religions
    Settling and exploiting foreign lands
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  • How was the EIC an example of imperialism?
    It created equality
    It controlled Indian politics and trade
    It spread democracy
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  • How was the EIC an example of colonialism?
    It settled and exploited Indian resources
    It encouraged independence
    It improved living standards for all
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  • What was one impact of the EIC on India?
    Complete equality
    Cultural tensions
    Total independence
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