aug 1, 1773 - The British East India Company obtains a monopoly in Benga
Description:
The British East India Company was able to obtain a monopoly on the production and sale of opium in Bengal. The production of opium allowed the British to trade the opium for chinse goods. The opium was able to turn trade around in china, more opium was being exported than the Chinese goods being imported.
Added to timeline:
Imperialism in South East Asia
Date:
