- The English East India Company, which was founded by the merger of many rival firms at home, was governed by a board of directors whose members were chosen on an annual basis.
- The state held a substantial portion of France’s and Portugal’s commercial firms, and their character was feudalism in many aspects.
- The Royal Navy of Britain was not only the largest but also the most technologically sophisticated at the time.
- The industrial revolution arrived late in other European countries, allowing England to preserve its dominion.
- The British soldiers were well-trained and disciplined. The British commanders were thinkers who experimented with novel military techniques.
- In comparison to Spain, Portugal, and the Dutch, Britain was less religiously passionate and eager in spreading Christianity.
- The Bank of England, the world’s first central bank, was formed to sell government debt to money markets on the promise of a fair return if Britain defeated competing countries such as France and Spain.
Europeans arrived in India to trade, but they eventually achieved political and administrative control of the nation. Vasco da Gama established a direct maritime passage to India in 1498, making the Portuguese the first Europeans to visit India. Queen Elizabeth granted the East India Company, founded by a group of English merchants, exclusive trading rights in the East in 1600 AD. As a result, the United Kingdom ruled India for more than two centuries.
