Which of the following tactics did the EIC use to monopolize trade in India?(1 point)
Responses
loans and military support to local nawabs in exchange for trade compromises
invasion of the interior regions of India to access key natural resources
creation of port cities that allowed European nations to freely trade in the region
exclusive use of British soldiers to prevent local Indians from being armed
loans and military support to local nawabs in exchange for trade compromises
Which of the following tactics did the EIC use to monopolize trade in India?(1 point)
Responses
loans and military support to local nawabs in exchange for trade compromises
invasion of the interior regions of India to access key natural resources
creation of port cities that allowed European nations to freely trade in the region
exclusive use of British soldiers to prevent local Indians from being armed
The correct response is: creation of port cities that allowed European nations to freely trade in the region
To determine which of the tactics the East India Company (EIC) used to monopolize trade in India, we need to analyze each option:
1. Loans and military support to local nawabs in exchange for trade compromises: This option suggests that the EIC provided financial and military aid to local nawabs (rulers) in return for trade concessions. By doing so, the EIC could establish favorable trade terms that benefited their commercial interests.
2. Invasion of the interior regions of India to access key natural resources: This option proposes that the EIC invaded the inner regions of India to gain access to crucial natural resources. By controlling these resources, they could monopolize the trade of valuable commodities.
3. Creation of port cities that allowed European nations to freely trade in the region: This option implies that the EIC developed port cities that facilitated unrestricted trade for European nations, effectively excluding local competitors. By controlling the ports, the EIC could dictate which goods could be traded and under what conditions.
4. Exclusive use of British soldiers to prevent local Indians from being armed: This option suggests that the EIC relied on British soldiers to disarm the local population, ensuring their monopoly over trade. By possessing the only armed forces in the region, the EIC could maintain control and suppress any potential resistance from locals or rival traders.
Considering the options, it becomes clear that the correct tactic the EIC used to monopolize trade in India is the creation of port cities that allowed European nations to freely trade in the region. This strategy enabled the EIC to control the flow of goods and exclude local competitors, giving them a significant advantage in monopolizing trade.
It's essential to note that while the other options likely played some role in the EIC's operations in India, they were not the primary tactics employed in their quest for trade dominance.