GEOG 121 Lecture Notes - Lecture 5: East India Company, Broadcloth
Document Summary
The english east india company and the transiion to formal empire. To analyze the operaions of the english east india company. To consider how poliical changes in south asia and in europe shaped the territorial expansion. Granted exclusive trading right east from the cape of good hope to the straits of magellan: asia and paciic. Group of private traders to seek the permission of the crown to have exclusive trading rights on behalf of england in paricular areas. Investors include levant traders (lebanon, palesine etc. : experience in internaional trade, they are knowledgeable in what is worth selling, commodiies, problems etc. Certain understands and direcions on how the trade can be done. The crown is aware of compeing for trade if there were many private traders. Elevated risks and response to risk had commercial and business dimensions. Export: broadcloth(wool), metals and bullion, looking glasses, coral, ivory. Import: spices, indian texiles(bengal, coromandel coast, gujarat), silks(from iran), cofee(yemen)
