There were three main East India Companies. The reasons for the demise of these three East India companies:

1. The main reason for the dissolution of the Dutch East India Company was that in the eighteenth century, wars between the Netherlands and Britain continued. The war, as domestic demand for Asian goods was greatly reduced, led to an economic crisis for the Dutch East India Company, and it finally announced its dissolution on December 31, 1799.

2. Reasons for the collapse of the British East India Company:

1. Corruption and smuggling among company employees became common, which caused a sharp decline in the company's total revenue.

2. Due to the company’s excessive expropriation of the Indian people, the Indian people continued to revolt. And if the company wants to suppress the uprising, it will need to spend a lot of money. This creates a vicious cycle and plunges the company into multiple crises.

3. The East India Company is the representative of commercial monopoly capital, while industrial capital has developed rapidly in Britain, and commercial capital has gradually lost its former status.

3. Danish East India Company. During the Napoleonic War in 1801 and the Battle of Copenhagen in 1807, the British navy attacked Copenhagen successively, causing Denmark to lose all its fleet and Heligoland islands. British dominance of the oceans made the Danish East India Company history.

Extended information:

The establishment and development of the British East India Company:

Beginning in the mid-to-late 16th century, Britain was eager to embark on the road to overseas trade. Queen Elizabeth of England once vowed: "We also have the freedom to engage in overseas trade. In front of the sea and the sky, all living beings in the world are equal." Those who had the same appeal as her were the princes and nobles of the Tudor Dynasty, who actively Support the establishment of chartered companies and vigorously develop overseas trade. The East India Company was established under this circumstance. Its purpose was to establish direct trade relations with India, Southeast Asia and China.

On December 31, 1600, Elizabeth granted the East India Company a royal charter, giving it the privilege of trading in India, which marked the formal establishment of the British East India Company.

Throughout the 17th century, East India trade was the main commercial activity of the British East India Company. at the same time. Other European countries have also established East India companies specializing in Eastern trade, including the Netherlands, France, Denmark, Austria, Spain, Sweden, etc. The Dutch East India Company was the most powerful trading company in the world at that time. The Dutch East India Company firmly controlled the trade markets in East Asia, South Asia, Southeast Asia and other places.

Beginning in 1651, the British Parliament passed the Navigation Act, and the trade competition between Britain and the Netherlands finally developed into an armed conflict. After three Anglo-Dutch wars, the Netherlands was defeated, and Britain eventually replaced the Netherlands as the new maritime overlord.

From then on, the British East India Company began to gradually dominate India and get involved in China. Its main business was based on the South Asian subcontinent and obtained its main profits through taxation.

Baidu Encyclopedia-British East India Company

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