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  1. 1. Economicsby: Dave Martin<br />Dutch Republic<br />Map of Dutch Republic by JoannesJanssonius<br />
  2. 2. Eighty Years War<br />1568 – 1648<br />Began as a revolt of the Seventeen Provinces against Philip II of Spain, the sovereign of the Habsburg Netherlands.<br />War years marked the beginning of the Dutch Golden Age<br />Worldwide Colonial Warfare<br />
  3. 3. Belligerents<br />United Provinces<br />England<br />German Protestants<br />Huguenots<br />France<br />Spanish Empire <br />
  4. 4. Result<br />Independence of the Dutch Republic<br />Subsequent war between the Spanish Empire and the Republic continued<br />Heartland of the Republic was no longer threatened<br />War ended in 1648 with the Peace of Munster<br />Dutch Republic was recognized as an independent country<br />
  5. 5. Conquered Portuguese colonies <br />Northeastern Brazil<br />Angola<br />Indonesia<br />Ceylon<br />
  6. 6. Dutch Golden Age<br />A period of great commercial and cultural prosperity roughly spanning the 17th century<br />Driven by great migrations from the South to the North<br />Dutch Ships<br />Whaling Svalbard<br />Spice Trading India, Indonesia<br />Founded Colonies New Amsterdam, South Africa, West Indies<br />Slave Trade<br />
  7. 7. Economics<br />New nation flourished culturally and economically<br />Called the embarrassment of riches by Simon Schama<br />Speculation in the tulip trade led to a first stock market crash in 1637<br /> Dutch East India Company (VOC)<br />21-year monopoly to carry out colonial activities in Asia<br />
  8. 8. VOC (Dutch East India Company) <br />Vereenigde Oost-Indische Compagnie<br />Founded 20 March 1602<br />Defunct17 March 1798 <br />Fate Bankruptcy<br />Headquarters<br />East India House, <br />Amsterdam, <br />Holland, <br />Dutch Republic<br /> The shipyard of the Dutch East India Company in Amsterdam, circa 1750<br />
  9. 9. VOC (Dutch East India Company) <br />first multinational corporation in the world<br />first company to issue stock<br />world's first megacorporation<br />possessing quasi-governmental powers<br />Including<br />ability to wage war<br />imprison <br />execute convicts<br />negotiate treaties<br />coin money<br />establish colonies<br /> VOC Monogram formerly above the entrance to the Castle of Good Hope<br />
  10. 10. Economic power house<br />Statistically, the VOC eclipsed all of its rivals in the Asia trade<br />Between 1602 and 1796 the VOC sent almost a million Europeans to work in the Asia trade on 4,785 ships<br />Netted for their efforts more than 2.5 million tons of Asian trade goods<br />
  11. 11. Europe<br />Europe combined sent only 882,412 people from 1500 to 1795<br />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<br />VOC enjoyed huge profits from its spice monopoly through most of the 17th century<br />
  12. 12. Voc – company or government<br />set up in 1602 to profit from the Malukan spice trade<br />1619 the VOC established a capital in the port city of Batavia (now Jakarta)<br />Over the next two centuries the Company acquired additional ports as trading bases and safeguarded their interests by taking over surrounding territory<br />
  13. 13. Voc – company or government<br />Remained an important trading concern and paid an 18% annual dividend for almost 200 years<br />Weighed down by corruption in the late 18th century, the Company went bankrupt and was formally dissolved in 1800<br />Possessions and the debt taken over by the government of the Dutch Batavian Republic<br />VOC's territories became the Dutch East Indies<br />
  14. 14. Voc – company or government<br />A bond issued by the Dutch East India Company, dating from 7 November 1623, for the amount of 2,400 florins.<br />Two sides of a duit, a coin minted in 1735 by the VOC<br />
  15. 15. Geography of the low lands<br />
  16. 16. Geography of the low lands 5500 BC – 3850 BC<br />
  17. 17. Geography of the low lands 2750 BC – 500 BC<br />
  18. 18. Geography of the low lands 50 AD – 800 AD<br />
  19. 19. timeline<br />
  20. 20. timeline<br />