HistoryChoose that the given statement is true/false.In the 17th century, there were fierce battles among the European companies.

Choose that the given statement is true/false.


In the 17th century, there were fierce battles among the European companies.


  1. A
    True
  2. B
    False 

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    Solution:

    The above statement is true.
    The demand for Indian goods in Europe was the reason for the battle among European companies. Indian goods such as cotton and silk textiles, as well as spices such as clove, cardamom, cinnamon, and pepper, were in high demand in Europe, and merchants and traders from Europe came to India to purchase Indian goods and bring them back to Europe to sell at high prices and earn a large profit. Since the number of merchants increased, it led to an increase in competition, resulting in fierce battles.
       
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