What were the key characteristics of the three phases of colonization in India as discussed in class? Examine in your answer the difference in the approach to trade by the East India Company in these three phases of colonization and the steps taken towards building extractive institutions in India.

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What were the key characteristics of the three phases of colonization in India as discussed in class? Examine in your answer the difference in the approach to trade by the East India Company in these three phases of colonization and the steps taken towards building extractive institutions in India.

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