The                                          East India Company established control in “the Spice Islands” (now Indonesia) during the 17th century.

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The                                          East India Company established control in “the Spice Islands” (now Indonesia) during the 17th century.

 

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Beginning in the 15th century, the Age of exploration started a new chapter in world history as major European powers competed to lay claims on unexplored lands to acquire new sources of wealth. Britain, Portugal, Spain, Netherlands, and France tried to gain control over Asia's gold and spices. The European powers engaged in intense wars with each other. During the 17th and 18th centuries, several countries created their East India Company to carry trade with the East Indies. 

 

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