ECONOMICSBY: DAVE MARTIN

Dutch Republic Map of Dutch Republic by Joannes Janssonius

EIGHTY YEARS WAR

1568 – 1648 Began as a revolt of the

Seventeen Provinces against Philip II of Spain, the sovereign of the Habsburg Netherlands.

War years marked the beginning of the Dutch Golden Age

Worldwide Colonial Warfare

BELLIGERENTS

United Provinces England German Protestants Huguenots France

Spanish Empire

RESULT

Independence of the Dutch Republic Subsequent war between the Spanish

Empire and the Republic continued Heartland of the Republic was no longer

threatened War ended in 1648 with the Peace of

Munster Dutch Republic was recognized as an

independent country

CONQUERED PORTUGUESE COLONIES Northeastern Brazil Angola Indonesia Ceylon

DUTCH GOLDEN AGE

A period of great commercial and cultural prosperity roughly spanning the 17th century

Driven by great migrations from the South to the North

Dutch Ships Whaling Svalbard Spice Trading India, Indonesia Founded Colonies New Amsterdam,

South Africa, West Indies Slave Trade

ECONOMICS

New nation flourished culturally and economically

Called the embarrassment of riches by Simon

Schama

Speculation in the tulip trade led to a first stock market crash in 1637

Dutch East India Company (VOC) 21-year monopoly to carry out colonial

activities in Asia

VOC (DUTCH EAST INDIA COMPANY)

Vereenigde Oost-Indische Compagnie Founded 20 March 1602 Defunct 17 March 1798  Fate Bankruptcy Headquarters

East India House, Amsterdam, Holland, Dutch Republic

The shipyard of the Dutch East India Company in Amsterdam, circa 1750

VOC (DUTCH EAST INDIA COMPANY)

first multinational corporation in the world first company to issue stock world's first megacorporation possessing quasi-governmental powers Including

ability to wage war imprison execute convicts negotiate treaties coin money establish colonies

VOC Monogram formerly above the entrance to the Castle of Good Hope

ECONOMIC POWER HOUSE

Statistically, the VOC eclipsed all of its rivals in the Asia trade

Between 1602 and 1796 the VOC sent almost a million Europeans to work in the Asia trade on 4,785 ships

Netted for their efforts more than 2.5 million tons of Asian trade goods

EUROPE

Europe combined sent only 882,412 people from 1500 to 1795

Fleet of the English (later British) East India Company, the VOC’s nearest competitor, was a distant second to its total traffic with 2,690 ships and a mere one-fifth the tonnage of goods carried by the VOC

VOC enjoyed huge profits from its spice monopoly through most of the 17th century

VOC – COMPANY OR GOVERNMENT

set up in 1602 to profit from the Malukan spice trade

1619 the VOC established a capital in the port city of Batavia (now Jakarta)

Over the next two centuries the Company acquired additional ports as trading bases and safeguarded their interests by taking over surrounding territory

VOC – COMPANY OR GOVERNMENT

Remained an important trading concern and paid an 18% annual dividend for almost 200 years

Weighed down by corruption in the late 18th century, the Company went bankrupt and was formally dissolved in 1800

Possessions and the debt taken over by the government of the Dutch Batavian Republic

VOC's territories became the Dutch East Indies

VOC – COMPANY OR GOVERNMENT

A bond issued by the Dutch East India Company, dating from 7 November 1623, for the amount of 2,400 florins.

Two sides of a duit, a coin minted in 1735 by the VOC

GEOGRAPHY OF THE LOW LANDS

GEOGRAPHY OF THE LOW LANDS 5500 BC

– 3850 BC

GEOGRAPHY OF THE LOW LANDS 2750 BC

– 500 BC

GEOGRAPHY OF THE LOW LANDS 50 AD –

800 AD

TIMELINE

TIMELINE