How did new traders, towns emerge in 16th and 17th century? - Vidyadip

Question

How did new traders, towns emerge in 16th and 17th century?

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Answer

In the 16th and 17th centuries, the British, Dutch and French formed East India companies and began expanding towards the East.
Thus while Europeans, particularly the British, began controlling sea trade, commerce and political power, Indians began to work as agents for them.
The increased demand of goods like textiles led to expansion of crafts like spinning, weaving, bleaching, dyeing, etc.
Bombay, Calcutta and Madras saw the new rise. These are nodal cities today.
Under the new system, Indian merchants and artisans moved into Black Town built by European Companies while the latter lived in superior residencies of Fort St. George in Madras or Fort St. William in Calcutta.

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