7 terms

Dutch East India Company


Terms in this set (...)

Imperialism (2)
- An action, was the indirect or direct exploitation of an alien land or people by a state
- As an idea, it claimed that an empire based on such actions is desirable and good for a state
Reasons states created empires (4)
- Expires expanded the natural resources available for state use
- Created new markets for industrial exports
- Provided opportunities to restless people to serve as soldiers, civil servants, colonists, explorers, and missionaries
- Successful empires demonstrated strength and vigor to rival states
Dutch Economy (3)
- Exported diamonds, linens, pottery
- Not a lot of inflation
- Masters of the "carrying trade" (lowest shipping rates in Europe)
Dutch Colonial Empire (3)
- Led to the second wave of Europeans to sail east around Africa to trade with Asian civilizations
- Developed the joint stock company, which spread risk among investors for safer returns
- Dutch Protestantism encouraged entrepreneurialism
Profitable company (4)
- The VOC was very successful that they started to sell shares
- People invested in the company
- By 1669 it was the richest company in the world
- 1641: ruler of japan decided that they would only trade with the VOC
Dutch East India Company (3)
- Founded in 1602, the Dutch East India company, a joint- stock company held a monopoly on Dutch trade in Asia
- Within 70 years it was arguably the largest and most successful trading company in Europe at the time
- Financial and political troubles led to its dissolution in 1800 with its assets passing to the Dutch monarchy
Dutch South Africa
Colonization began with the founding of Cape Town by the company in 1652