Why Was There An Intensive Rivalry Among The Trading Companies Of Different European Countries?

Why Was There An Intensive Rivalry Among The Trading Companies Of Different European Countries?

  • Quantum of trade was not sufficient to sustain all the companies.
  • Profit earned by them began to shrink . The only way to increase profit was by eliminating competitors.
  • They build their own armies to protect their interest in India which ┬áresulted in the┬ácarnatic wars between English and Franch

Why Was There An Intensive Rivalry Among The Trading Companies Of Different European Countries?

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