Why did the British government restrict the EIC so little?(1 point)

The British government had already heavily restricted the EIC, specifically in trade goods, military actions, and trade
agreements.
The EIC was so weak, the British government did not feel the need to get involved.
The EIC was a large portion of the British economy, so the government feared that restricting it would harm the economy.
The EIC threatened to overthrow the British government with its private military of sepoys.

The correct answer is: The EIC was a large portion of the British economy, so the government feared that restricting it would harm the economy.

The answer is: The EIC was a large portion of the British economy, so the government feared that restricting it would harm the economy.

To find the answer to this question, we can evaluate each option and determine which one is the most plausible.

1. The British government had already heavily restricted the EIC, specifically in trade goods, military actions, and trade agreements.
The statement suggests that the British government did impose certain restrictions on the EIC, but it doesn't indicate whether these restrictions were insufficient or minimal. Therefore, it doesn't provide a clear explanation for why the government would restrict the EIC so little.

2. The EIC was so weak, the British government did not feel the need to get involved.
This option suggests that the EIC was weak and ineffective, leading the British government to overlook or ignore it. However, this explanation doesn't account for the significant power and influence that the EIC actually exerted, especially in regards to its control over trade and territories.

3. The EIC was a large portion of the British economy, so the government feared that restricting it would harm the economy.
This explanation seems more plausible. The EIC was a major player in British trade and commerce, and its activities heavily contributed to the national economy. Restricting its operations could potentially have negative economic consequences for the British government. Therefore, it is likely that the government was hesitant to impose strict limitations on the EIC for fear of harming the national economy.

4. The EIC threatened to overthrow the British government with its private military force of sepoys.
This option suggests that the EIC posed a direct threat to the stability of the British government, utilizing its private military force of sepoys. However, the EIC's military power alone does not explain the government's decision to restrict it so little. If this statement were true, it would be more likely that the government would take stronger measures to control or dismantle the EIC, rather than allowing it to operate with minimal restrictions.

Based on these evaluations, option 3 - The EIC was a large portion of the British economy, so the government feared that restricting it would harm the economy - seems to be the most plausible explanation for why the British government did not heavily restrict the EIC.