Why did the British government grant the EIC a monopoly over trade in the region?(1 point)

Question

Responses

The British government wanted to promote free trade with the Portuguese, who were already in the region.
The British government wanted to promote free trade with the Portuguese, who were already in the region.

The British government wanted to prevent the Maratha Empire from expanding to coastal regions.
The British government wanted to prevent the Maratha Empire from expanding to coastal regions.

The British government wanted the valuable trade goods that India was selling.
The British government wanted the valuable trade goods that India was selling.

The British government wanted to grant a trade monopoly to sustain the Mughal Empire, which was fragmenting.

Answer 1

The most accurate response is:

The British government wanted the valuable trade goods that India was selling.

Granting the East India Company (EIC) a monopoly over trade in the region was primarily motivated by the desire to control and profit from the lucrative trade in spices, textiles, and other valuable goods available in India.