Choose the below statement is true/false;

The effort to carry on profitable trade also led to conflict with local rulers.

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Detailed Solution

The above statement is True.
The competition between the European trading companies was getting bitter, and they wanted to secure markets in India for the finest products. This led to an increase in the prices of goods at the purchase level and reduced the earnable profit. The urge to secure markets resulted in fierce battles. Between the seventeenth and eighteenth centuries, they constantly drowned the ships of each other, barricaded routes, and inhibited rival ships from moving with provisions of goods. It did not stop the trade. It was carried on with arms, and trading posts were protected through fortification. But the fortification created a problem. The settlements were also fortified, which affected the profitable trade to carry on, leading to intense fighting with local rulers.

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