Answer to Question #134601 in History for Smangele

Question

Briefly discuss the reason why the Dutch signaficantly expanded their power outside Holland during the 17th century

Answer 1

The 17th century expansion of trade outside Holland dates from the 1602 following the establishment of the Dutch East Indian Company (DEIC). This company controlled the Dutch commercial trade and colonial affairs. With the aid of DEIC, the Dutch expanded to established posts for trading in Malacca and Ceylon. Moreover, the Dutch had overseas relations with America, Asia, and Africa, which were dominated by Iberian merchants. Wealth also accumulated in Holland and other provinces creating a trade base for the Dutch. The Dutch wages were significantly high in Europe, approximately 20% higher than wags in the entire England. Around the mid-17th century, the Dutch discovered economic benefits of neutrality when they kept out of the seven year’s war and proceed with the transportation of goods between France and America. These highlights are attributed to the expansion of the Dutch power outside Holland during the 17th century.