Edzy
Single Answer MCQ
Q-00045559

What led to the establishment of trading companies like the East India Company in India?

1

Domestic demand for foreign goods

2

Desire for local monopoly

3

Historical trade routes connecting different regions

4

Lack of resources in India

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Sandeep Chaturvedi

Sandeep Chaturvedi

CBSE Social Science & Humanities Reviewer

Social science and humanities educator with 14+ years of experience reviewing CBSE SST, economics, commerce, arts, and vocational content.

M.A. HistoryM.A. Political ScienceB.Ed.

Answer and Solution

Answer

C. Historical trade routes connecting different regions

Solution:

Trading companies like the East India Company were established due to historical trade routes that connected India with other markets, creating economic opportunities.

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