stephanyy2004
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Chartered companies located in the "New World" supplied European monarchs with exotic and hard-to-find raw materials food products. What did the companies receive in return?

A) permission to trade anywhere in the monarch's territories or colonies

B) knighthood and a piece of land for each of the company's top managers

C) a monopoly on trade in that area and military protection if needed

D) enough money to buy several ships and a set of that country's flags

Respuesta :

Answer:

C

Explanation:

Chartered Companies like the Massachusetts Bay Company and Hudson's Bay Company were given the right to a total monopoly on trade in a region, and this monopoly was (for economic reasons) often reinforced by military force. Notably, this was not because they supplied monarchs with exotic materials, but principally for Mercantalist purposes (although the former also played a role).

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