Research Paper on:
Early Monopolies of Europe During the Sixteenth through Nineteenth Centuries

Unformatted Sample Text from the Research Paper:
four centuries ago in defiance of the ban placed on growing clove tress outside the auspices of the Dutch East India Company (Anonymous 53). At one time or another practically  every European country tried its hand at forming an East India company?Portugal to Sweden, to Austria, to England. Much as been written  about the effects that these companies had on the various areas of Asia that they occupied; however, the impact of these endeavors definitely worked both ways. As evidenced particularly by  the British East India Company, the establishment of trade monopolies also affected Europe, both socially and economically. Many modern historians feel that it is not an exaggeration to say that  the origins of the modern state can be traced to the founding of the British East India Company and that the influence of this organization was that profound. However, in  order to fully comprehend the impact that this trade had on Europe, it is first necessary to understand how sea trade, in general, became an inherent and crucial factor  in European economies Early spice trade The British East India Company was chartered by Elizabeth I on the last day of the sixteenth century (Bisson 639). The goals of this  organization included breaking the Portuguese monopoly on the spice trade and expelling the most recent interloper, the Dutch (Bisson 639). The British East India Company, therefore, sponsored several expeditions to  gain trading rights in the Malaysian archipelago. The Dutch defended their monopoly on nutmeg ruthlessly and tried desperately to control the trade  in both nutmeg and cloves. For example, the Dutch destroyed their stocks so blatantly that an observer during that time commented that the streets of Amsterdam were "flooded with nutmeg