Trade and Economic Strength
Trade
-A technological revolution in ship building led to a competition in shipping which then led to the Dutch Republic as the biggest maritime power of Europe with Amsterdam as the most important financial center of the continent by mid 17th century.
-Monopoly on trade with Japan (Dutch East India Company)
-Dutch gained control of much of the trade with the nascent English colonies in North America
Economic Strength
-Charles the 5th laid the foundations for a prosperous, centrally governed state
-Dutch in the 1580's extended their trade routes beyond northern Europe to new markets in the Mediterranean and the levant because of their access to Amsterdam
-"Dutch Golden age" encompasses most of the 17th century. After winning their independence from spain, Dutch explorers charted new territory and settled abroad. Trade by the Dutch East-India company thrived and Dutch Old Masters began to prevail in the art world, creating a depth of realistic portraits of people and life in the area.
-A technological revolution in ship building led to a competition in shipping which then led to the Dutch Republic as the biggest maritime power of Europe with Amsterdam as the most important financial center of the continent by mid 17th century.
-Monopoly on trade with Japan (Dutch East India Company)
-Dutch gained control of much of the trade with the nascent English colonies in North America
Economic Strength
-Charles the 5th laid the foundations for a prosperous, centrally governed state
-Dutch in the 1580's extended their trade routes beyond northern Europe to new markets in the Mediterranean and the levant because of their access to Amsterdam
-"Dutch Golden age" encompasses most of the 17th century. After winning their independence from spain, Dutch explorers charted new territory and settled abroad. Trade by the Dutch East-India company thrived and Dutch Old Masters began to prevail in the art world, creating a depth of realistic portraits of people and life in the area.
Labor Systems
The most famous Dutch labor system was the joint stock company. A joint stock company is a company whose stock is owned jointly by the shareholders. The two most famous Dutch joint stock companies are the Dutch East India Company, and the Dutch West India Company.
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The Dutch East India Company was founded in 1602 and had colonies in Indonesia, Japan, South Africa, Eastern Africa, the Middle East, Malaysia, India, Sri Lanka, and Taiwan. It is considered the first multinational corporation and existed for 200 years, bringing great wealth to the Netherlands.
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The Dutch West India Company was founded in 1621 and established colonies in New York City, Suriname, and various Caribbean Islands.