East India Company The East India Company was an English joint-stock company formed for pursuing trade with the East Indies but which ended up trading mainly with the Indian subcontinent. Shares of the company were owned by wealthy merchants and aristocrats. The government owned no shares and had only indirect control. The Company operated its own large army with which it controlled major portions of India. The East India Company traded mainly in cotton‚ silk‚ indigo dye‚ salt ‚ saltpetre‚ tea
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and militarized process. Although the Dutch endured contestation from the incumbent peoples of Java‚ their use of violence and military discipline ultimately allowed them to succeed in transforming the East Indies from a subsistence economy into a colony of exportation where they controlled trade. Using its privileges granted by the Netherlands‚ the VOC successfully colonized Java. This involved murder‚ forced labor‚ and deforestation (76‚ Hall). The Dutch not only drove out the English--who had
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the Dutch East Indies during this time‚ were the spice Islands/trade. Merchants from the Middle East and China had decided to come to the Dutch East Indies‚ trading many items such as silk‚ perfume‚ opium and incense. Spices were extremely valuable during that time‚ like gold is today; spices were as precious as that. But not all was good‚ in 1580 the trade was interrupted due to the Spanish closing the port of Lisbon to the Dutch-making it impossible for trade to happen. However the Dutch East
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British East India Company and Its International Trades British East India Company played a non-ignorable role in history and economic field. From 1600 when it was established by a group of British entrepreneurs to 1874‚ in which it was dissolved eventually‚ the company not only monopolized various international trades‚ but also acted significant military power by the support of British government. Its aim is plundering other countries’ resources and make their own country wealthy. But its failure
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first defeat the imperialistic power. This is the case for the British East India Company. Before its establishment‚ the company faces many strong powers such as the Portuguese‚ Spaniards‚ and Dutch. In 1588‚ Spanish Armada were defeated‚ British were able to enter this competitive field in order to start their quest in exploring and colonizing the international markets. This marked the start of the British East India Company. Initially‚ the doubtful Queen Elizabeth did not approve of this venture
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17th century‚ the Dutch Republic enjoyed a booming economy‚ dominance in the shipbuilding industry‚ and European recognition as a dominant nation. They held most trading routes in the Baltic area‚ and the position to carry most trade goods between countries. However‚ during the late 17th and early 18th century‚ the Dutch Republic encountered a stumbling decline which led to their loss in the monopoly in Baltic and Atlantic trade‚ and many men due to European wars. The Dutch declined due to a series
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Dutch Slave Trade During the 17th and 18th centuries‚ mercantilism was the emerging economic policy through which the slave trade developed in Europe. In the Netherlands many historical events gave rise to a desire for domination of international trade. They were serious tradesman and were heavily involved in the profitable business of slavery. The Dutch‚ intelligent and self-ruling tradesmen took no time in displaying their dominance over rival countries‚ Portugal‚ England and Spain‚ in
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The Dutch Revolt ultimately resulted in the Union of Utrecht‚ uniting the northern provinces of the Netherlands‚ until then under the control of Phillip II of Spain. The newly formed Dutch Republic‚ or United Provinces of the Netherlands‚ was the wealthiest and most trade engaged nation in Europe during the 17th and 18th centuries. Components like geographic location‚ economic superiority‚ and religious toleration led to the vast popularization of the Netherlands. However‚ this Golden Age was not
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The Decline of The Dutch Republic Document Based Question Essay AP European History Period 2 November 7th‚ 2012‚ First Quarter From the middle of the Seventeenth Century to the early Eighteenth Century‚ the Dutch Republic‚ which in 1648 had it’s independence recognized in the Peace of Westphalia‚ was an important commercial and military presence in Western Europe which later experienced challenges to its security‚ unity‚ and prosperity: in security‚ the Dutch faced navel challenges from
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In the 1600’s‚ the Dutch Republic was one of the world’s strongest and prosperous nations founded upon their superior navy. Making the most of their convenient geographical location‚ the Netherlands had control of many important trade routes‚ particularly in the North Sea. However‚ this period of peace and economic prosperity who come to and end and the Netherlands would start to decline. The security‚ unity‚ and prosperity of the Dutch Republic was challenged by hostile foreign nations‚ economic
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