Why can chartered companies be called semi state institutions in colonialism?
Answer and explanation
Correct answer: Because they could get military and administrative powers along with trade
Chartered companies worked between private trade and state power. For exams remember the East India Company example.
Frequently asked questions
What is the correct answer to this question?
Because they could get military and administrative powers along with trade
Why is this the correct answer?
Chartered companies worked between private trade and state power. For exams remember the East India Company example.
Which subject and chapter does this question cover?
This is a Class 10 General Knowledge question. Chapter: World History. Topic: Colonization and Decolonization.
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