https://docs.google.com/presentation/d/1gNA6Z0zy2dLnpSfOh2kRlUL2fZA539vX/edit?usp=sharing&ouid=116318039401070307419&rtpof=true&sd=true
Charter of Queen Elizabeth I & the East India Company Background Francis Drake’s Voyage (1580) : First Englishman to sail around the world, inspiring exploration. Defeat of Spanish Armada (1588) : England’s naval victory boosted confidence to challenge Spain/Portugal in global trade. Portuguese & Dutch Profits : Europeans made huge money from Asian spices, textiles, and goods → England wanted a share! Formation of the East India Company 1599 : Group of English merchants ( Merchant Adventurers ) formed a company to trade in Asia. 31 December 1600 : Queen Elizabeth I granted them a Royal Charter , giving: Exclusive Rights : Only this company could trade east of Africa (monopoly). Name : “Governor and Company of Merchants of London trading into the East Indies” (later called East India Company ). 1609 : Monopoly extended indefi...