East India Company
Essay by people • February 1, 2012 • Essay • 457 Words (2 Pages) • 1,331 Views
such was the situation when the East India Company began its trading activities in the early 17th century. Initially, the British traders had come to India with hopes of selling Britain's most popular export item to Continental Europe - British Broadcloth, but were disappointed to find little demand for it. Instead, like their Portuguese counterparts, they found several Indian-made items they could sell quite profitably in their homeland. Competing with other European traders, and competing with several other trade routes to Europe (the Red Sea route through Egypt, the Persian Gulf Route through Iraq, and the Northern Caravan Route through Afghanistan, Persia and Turkey), the early British Traders were in no position to dictate terms. They had to seek concessions with a measure of humility and offer trade terms that offered at least some benefits to the local rulers and merchants. While Aurangzeb (who had, perhaps, seen the connection between growing European Trade concessions and falling revenues from the overland trade) attempted to limit and control the activities of the East India Company, not all Indian rulers had as many compunctions about making trade concessions. Development is a process in which something passes by degrees to a different stages especially a more advanced or mature stage. The development is the act of pursuing economic growth and social advancement in ways that can be supported for the long term by conserving resources and protecting the environment.
The development is favourable and long lasting progress in all sectors such as economic,political,social,financial,educational,in dustrial and increase in the GDP and better standard of living. Pakistan has been ruled by both democratic and military governments.The first decade was marred with political unrest and instability resulting in frequent collapses of civilian democratic governments. From 1947 to 1958 as many as seven Prime Ministers of Pakistan either resigned or were ousted. This political instability paved the way for
military take over's. The entire territory of modern Pakistan was occupied by the British East India Company, then the British Empire, through a series of wars, the main ones being the Battle of Miani (1843) in Sindh, the gruelling Anglo-Sikh Wars (1845-1849) and the First, Second, and Third Anglo-Afghan Wars (1839-1919), to remain a part of British Indian Empire until the freedom in 1947. The physical presence of the British was not very significant; they employed "Divide and Rule" political strategy to remain in power. In his historical survey Constantine's Sword, James P. Carroll writes: "Certainly that was the story of the British Empire's success, and its legacy of nurtured local hatreds can be seen wherever the Union Flag flew." The administrative units of British India under the tenancy or the sovereignty of either the East India Company or the British Crown lasted between 1612 and 1947.
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