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Why can chartered companies be called semi state institutions in colonialism?

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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.

Related tags

Chartered-CompaniesState-PowerColonialism

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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