East India Company

The British East India Company was an English and later (from 1707) British joint-stock company[1] and megacorporation formed for pursuing trade with the East Indies but which ended up trading mainly with the Indian subcontinent. The East India Company traded mainly in cotton, silk, indigo dye, salt, saltpetre, tea and opium. The Company was granted a Royal Charter in 1600,[2] making it the oldest among several similarly formed European East India Companies. Shares of the company were owned by wealthy merchants and aristocrats. It was an example of an English joint stock company.[3] The government owned no shares and had only indirect control. The Company eventually came to rule large areas of India with its own private armies, exercising military power and assuming administrative functions.[4] Company rule in India effectively began in 1757 after the Battle of Plassey and lasted until 1858 when, following the Indian Rebellion of 1857, the Government of India Act 1858 led to the British Crown assuming direct control of India in the new British Raj. The Company was dissolved in 1874 as a result of the East India Stock Dividend Redemption Act passed one year earlier, as the Government of India Act had by then rendered it vestigial, powerless and obsolete. Its functions had been fully absorbed into official government machinery in the British Raj and its private army had been nationalised by the British Crown. England i/l?nd/ is a country that is part of the United Kingdom.[6][7][8] It shares land borders with Scotland to the north and Wales to the west; the Irish Sea is to the north west, the Celtic Sea to the south west, while the North Sea to the east and the English Channel to the south separate it from continental Europe. Most of England comprises the central and southern part of the island of Great Britain in the N

rth Atlantic. The country also includes over 100 smaller islands such as the Isles of Scilly and the Isle of Wight. The area now called England was first inhabited by modern humans during the Upper Palaeolithic period, but it takes its name from the Angles, one of the Germanic tribes who settled during the 5th and 6th centuries. England became a unified state in AD 927, and since the Age of Discovery, which began during the 15th century, has had a significant cultural and legal impact on the wider world.[9] The English language, the Anglican Church, and English law—the basis for the common law legal systems of many other countries around the world—developed in England, and the country's parliamentary system of government has been widely adopted by other nations.[10] The Industrial Revolution began in 18th-century England, transforming its society into the world's first industrialised nation.[11] England's Royal Society laid the foundations of modern experimental science.[12] England's terrain mostly comprises low hills and plains, especially in central and southern England. However, there are uplands in the north (for example, the mountainous Lake District, Pennines, and Yorkshire Dales) and in the south west (for example, Dartmoor and the Cotswolds). The former capital of England was Winchester until replaced by London in 1066. Today London is the largest metropolitan area in the United Kingdom and the largest urban zone in the European Union by most measures.[nb 3] England's population is about 53 million, around 84% of the population of the United Kingdom, and is largely concentrated in London, the South East and conurbations in the Midlands, the North West, the North East and Yorkshire, which each developed as major industrial regions during the 19th century. Meadowlands and pastures are found beyond the major cities.

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East India Company

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