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Question
Which of the following enterprises, established in 1600, resulted in a significant change in globalised trade?
Which of the following enterprises, established in 1600, resulted in a significant change in globalised trade?
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Solution
The correct option is C English East India Company
The proto globalisation stage witnessed the advent of European maritime empires. In the pursuit of discovering new sea routes to other parts of the world, many private enterprises came into existence. One such enterprises was the English East India Company, which was established in 1600.
The proto globalisation stage witnessed the advent of European maritime empires. In the pursuit of discovering new sea routes to other parts of the world, many private enterprises came into existence. One such enterprises was the English East India Company, which was established in 1600.
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