Which among the following statements is not true about the British East India Company -EIC- gaining supremacy in trade in India-Offering advances and loans to weavers and farmersBargaining with Indian artisans to procure their finished productsCompetition with other European powers to secure raw materialsHiring gomasthas to supervise weavers and conduct quality checks

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The Establishment of British Supremacy in Trade in India

Which among t...

Question

Which among the following statements is not true about the British East India Company (EIC) gaining supremacy in trade in India?

Competition with other European powers to secure raw materials

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Hiring gomasthas to supervise weavers and conduct quality checks

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Offering advances and loans to weavers and farmers

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Bargaining with Indian artisans to procure their finished products

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Explain the following:

(a) Women workers in Britain attacked the Spinning Jenny.

(b) In the seventeenth century merchants from towns in Europe began employing peasants and artisans within the villages.

(d) The East India Company appointed gomasthas to supervise weavers in India.

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