Notes: British East India Company
During the 1700s, a joint-stock company called the British East India Company was chartered by Queen Elizabeth I of England.
joint stock company :A company that sells shares to investors who share in the profits and losses.
The company’s main objective was to make a profit for shareholders by exploiting the abundant natural resources and gaining access to the markets in India.
To do this, the British East India Company successfully used “divide and conquer”