The East India Company
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The East India Company
The East India Company (EIC) was an English, and later British, joint-stock company founded in 1600 and dissolved in 1874. It was formed to trade in the Indian Ocean region, initially with the East Indies (the Indian subcontinent and Southeast Asia), and later with East Asia. The company seized control of large parts of the Indian subcontinent, colonised parts of Southeast Asia and Hong Kong. At its peak, the company was the largest corporation in the world. The EIC had its own armed forces in the form of the company's three Presidency armies, totalling about 260,000 soldiers, twice the size of the British army at the time. The operations of the company had a profound effect on the global balance of trade, almost single-handedly reversing the trend of eastward drain of Western bullion, seen since Roman times. Originally chartered as the "Governor and Company of Merchants of London Trading into the East-Indies", the company rose to account for half of the world's trad ...
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Flag Of The East India Company
The flag of the East India Company was used to represent the East India Company, which was chartered in England England is a country that is part of the United Kingdom. It shares land borders with Wales to its west and Scotland to its north. The Irish Sea lies northwest and the Celtic Sea to the southwest. It is separated from continental Europe b ... in 1600. The flag was altered as the nation changed from England to Great Britain to the United Kingdom. It was initially a red and white striped ensign with the flag of England in the canton (flag), canton. The flag displayed in the canton was later replaced by the flag of Great Britain and then the flag of the United Kingdom, as the nation developed. Early years Upon receiving a Chartered company, Royal Charter to trade in the Indian Ocean from Queen Elizabeth I of England, Elizabeth I in 1600, the English East India Company adopted a flag of red and white stripes (varying from nine to thirteen stripes in total), wit ...
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Spices
A spice is a seed, fruit, root, Bark (botany), bark, or other plant substance primarily used for flavoring or coloring food. Spices are distinguished from herbs, which are the leaves, flowers, or stems of plants used for flavoring or as a garnish (food), garnish. Spices are sometimes used in medicine, Sacred rite, religious rituals, cosmetics or perfume production. For example, vanilla is commonly used as an ingredient in Aroma compound, fragrance manufacturing. A spice may be available in several forms: fresh, whole dried, or pre-ground dried. Generally, spices are dried. Spices may be ground into a powder for convenience. A whole dried spice has the longest shelf life, so it can be purchased and stored in larger amounts, making it cheaper on a per-serving basis. A fresh spice, such as ginger, is usually more flavorful than its dried form, but fresh spices are more expensive and have a much shorter shelf life. Some spices are not always available either fresh or whole, for exam ...
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British Hong Kong
Hong Kong was a colony and later a dependent territory of the British Empire from 1841 to 1997, apart from a period of occupation under the Japanese Empire from 1941 to 1945 during the Pacific War. The colonial period began with the British occupation of Hong Kong Island in 1841, during the First Opium War between the British and the Qing dynasty. The Qing had wanted to enforce its prohibition of opium importation within the dynasty that was being exported mostly from British India, as it was causing widespread addiction among its populace. The island was ceded to Britain by the Treaty of Nanking, ratified by the Daoguang Emperor in the aftermath of the war of 1842. It was established as a crown colony in 1843. In 1860, the British took the opportunity to expand the colony with the addition of the Kowloon Peninsula after the Second Opium War, while the Qing was embroiled in handling the Taiping Rebellion. With the Qing further weakened after the First Sino-Japanese Wa ...
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European Colonisation Of Southeast Asia
The first phase of European colonisation of Southeast Asia took place throughout the 16th and 17th centuries. They wanted to gain monopoly over the spice trade as this trade was very valuable to the Europeans due to high demand for various spices such as pepper, cinnamon, nutmeg, and cloves. This demand led to the arrival of Portuguese, Spanish, Dutch and later French and British marine spice traders. Fiercely competitive, the Europeans soon sought to eliminate each other by forcibly taking control of the production centres, trade hubs and vital strategic locations, beginning with the Portuguese acquisition of Malacca in 1511. Throughout the 17th and 18th centuries, conquests focused on ports along the maritime routes, that provided a secure passage of maritime trade. It also allowed foreign rulers to levy taxes and control prices of the highly desired Southeast Asian commodities. By the 19th century, virtually all Southeast Asian lands had been forced into the various spheres o ...
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Company Rule In India
Company rule in India (sometimes, Company ''Raj'', from hi, rāj, lit=rule) refers to the rule of the British East India Company on the Indian subcontinent. This is variously taken to have commenced in 1757, after the Battle of Plassey, when the Nawab of Bengal was defeated and replaced with another individual who had the support of the East India Company; or in 1765, when the Company was granted the ''diwani'', or the right to collect revenue, in Bengal and Bihar; or in 1773, when the Company abolished local rule (Nizamat) and established a capital in Calcutta, appointed its first Governor-General, Warren Hastings, and became directly involved in governance. The rule lasted until 1858, when, after the Indian Rebellion of 1857 and consequently of the Government of India Act 1858, the British government assumed the task of directly administering India in the new British Raj. Expansion and territory The English East India Company ("the Company") was founded in 1600, as ''The Co ...
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East Asia
East Asia is the eastern region of Asia, which is defined in both geographical and ethno-cultural terms. The modern states of East Asia include China, Japan, Mongolia, North Korea, South Korea, and Taiwan. China, North Korea, South Korea and Taiwan are all unrecognised by at least one other East Asian state due to severe ongoing political tensions in the region, specifically the division of Korea and the political status of Taiwan. Hong Kong and Macau, two small coastal quasi-dependent territories located in the south of China, are officially highly autonomous but are under Chinese sovereignty. Japan, Taiwan, South Korea, Mainland China, Hong Kong, and Macau are among the world's largest and most prosperous economies. East Asia borders Siberia and the Russian Far East to the north, Southeast Asia to the south, South Asia to the southwest, and Central Asia to the west. To the east is the Pacific Ocean and to the southeast is Micronesia (a Pacific Ocean island group, classifi ...
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Southeast Asia
Southeast Asia, also spelled South East Asia and South-East Asia, and also known as Southeastern Asia, South-eastern Asia or SEA, is the geographical United Nations geoscheme for Asia#South-eastern Asia, south-eastern region of Asia, consisting of the regions that are situated south of mainland China, east of the Indian subcontinent, and north-west of mainland Australia. Southeast Asia is bordered to the north by East Asia, to the west by South Asia and the Bay of Bengal, to the east by Oceania and the Pacific Ocean, and to the south by Australia (continent), Australia and the Indian Ocean. Apart from the British Indian Ocean Territory and two out of atolls of Maldives, 26 atolls of Maldives in South Asia, Maritime Southeast Asia is the only other subregion of Asia that lies partly within the Southern Hemisphere. Mainland Southeast Asia is completely in the Northern Hemisphere. East Timor and the southern portion of Indonesia are the only parts that are south of the Equator. Th ...
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Indian Subcontinent
The Indian subcontinent is a list of the physiographic regions of the world, physiographical region in United Nations geoscheme for Asia#Southern Asia, Southern Asia. It is situated on the Indian Plate, projecting southwards into the Indian Ocean from the Himalayas. Geopolitically, it includes the countries of Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka."Indian subcontinent". ''Oxford Dictionary of English, New Oxford Dictionary of English'' () New York: Oxford University Press, 2001; p. 929: "the part of Asia south of the Himalayas which forms a peninsula extending into the Indian Ocean, between the Arabian Sea and the Bay of Bengal. Historically forming the whole territory of Greater India, the region is now divided into three countries named Bangladesh, India and Pakistan." The terms ''Indian subcontinent'' and ''South Asia'' are often used interchangeably to denote the region, although the geopolitical term of South Asia frequently includes Afghanist ...
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East Indies
The East Indies (or simply the Indies), is a term used in historical narratives of the Age of Discovery. The Indies refers to various lands in the East or the Eastern hemisphere, particularly the islands and mainlands found in and around the Indian Ocean by Portuguese explorers, soon after the Cape route was discovered. Nowadays, this term is broadly used to refer to the Malay Archipelago, which today comprises the Philippine Archipelago, Indonesian Archipelago, Malaysian Borneo, and New Guinea. Historically, the term was used in the Age of Discovery to refer to the coasts of the landmasses comprising the Indian subcontinent and the Indochinese Peninsula along with the Malay Archipelago. Overview During the era of European colonization, territories of the Spanish Empire in Asia were known as the Spanish East Indies for 333 years before the American conquest. Dutch occupied colonies in the area were known for about 300 years as the Dutch East Indies till Indonesian indepen ...
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Indian Ocean Trade
Indian Ocean trade has been a key factor in East–West exchanges throughout history. Long-distance trade in dhows and proas made it a dynamic zone of interaction between peoples, cultures, and civilizations stretching from Southeast Asia to East and Southeast Africa and East Mediterranean in the West in prehistoric and early historic periods. Cities and states on the Indian Ocean rim focused on both the sea and the land. Early period There was an extensive maritime trade network operating between the Harappan and Mesopotamian civilizations as early as the middle Harappan Phase (2600-1900 BCE), with much commerce being handled by "middlemen merchants from Dilmun" (modern Bahrain and Failaka located in the Persian Gulf). Such long-distance sea trade became feasible with the development of plank-built watercraft, equipped with a single central mast supporting a sail of woven rushes or cloth. Several coastal settlements like Sotkagen-dor (astride Dasht River, north of Jiwani), ...
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Dutch East India Company
The United East India Company ( nl, Verenigde Oostindische Compagnie, the VOC) was a chartered company established on the 20th March 1602 by the States General of the Netherlands amalgamating existing companies into the first joint-stock company in the world, granting it a 21-year monopoly to carry out trade activities in Asia. Shares in the company could be bought by any resident of the United Provinces and then subsequently bought and sold in open-air secondary markets (one of which became the Amsterdam Stock Exchange). It is sometimes considered to have been the first multinational corporation. It was a powerful company, possessing quasi-governmental powers, including the ability to wage war, imprison and execute convicts, negotiate treaties, strike its own coins, and establish colonies. They are also known for their international slave trade. Statistically, the VOC eclipsed all of its rivals in the Asia trade. Between 1602 and 1796 the VOC sent almost a million Eur ...
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Joint-stock Company
A joint-stock company is a business entity in which shares of the company's capital stock, stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their share (finance), shares (certificates of ownership). Shareholders are able to transfer their shares to others without any effects to the continued existence of the company. In modern-day corporate law, the existence of a joint-stock company is often synonymous with incorporation (business), incorporation (possession of legal personality separate from shareholders) and limited liability (shareholders are liable for the company's debts only to the value of the money they have invested in the company). Therefore, joint-stock companies are commonly known as corporations or limited company, limited companies. Some jurisdiction (area), jurisdictions still provide the possibility of registering joint-stock companies without limited liability. In the United Kingdom and in other count ...
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