Which of the following statements best explains the motivations for creating the EIC?(1 point)

Responses

Mercantilist policies saw economic strength and the protection of trade as key to national security.
Mercantilist policies saw economic strength and the protection of trade as key to national security.

The Mughal Empire was monopolizing trade with Europe, which threatened the British.
The Mughal Empire was monopolizing trade with Europe, which threatened the British.

The Industrial Revolution allowed for the creation of new ship designs and navigation technologies.
The Industrial Revolution allowed for the creation of new ship designs and navigation technologies.

The British government

1 answer

The best explanation for the motivations for creating the East India Company (EIC) is:

Mercantilist policies saw economic strength and the protection of trade as key to national security.

This statement captures the broader economic philosophy and national interests that motivated European powers, including Britain, to establish trading companies like the EIC to secure trade routes, resources, and influence in foreign markets.