FiveComments ( the numberrs )
1. Dutch East India Company imports from India went up at a rate of 1.5 per annum during the 1660s.
2. British exports of Indian opium to China increased from 15 tons in 1720 to 75 tons in 1773.
3. In 1699, the Dutch imported 87 tons of Indian opium for distribution to Java and the Indies.
4. The Company refused to raise Bengal's opium exports beyond a quota of 4,000 chests per annum.
5. Demand drove the price per chest up from 415 rupees in 1799 to 2428 rupees 15 years laterr.
FourQuestions.
1. What is a "annum"?
2. Why did the price qo up so much is so many people wanted it ?
3. WHere did all the opium come from? The book did a bad job explianinq how people qot the opium.
4. In all this, when did people start seeinq the harmful effect of opium?
ThreeVocabulary
1. monopoly - exclusive control of a commodity or service in a particular market, or a control that makes possible the manipulation of prices
2. ensnaring - to capture in, or involve as in, a snare
3. annum - (Latin) year
OneOverview
1. The numbers tell it all. Opium`s price value was rasinq, and as my book stated "very fast". (LOL).
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