USA HISTORY

Detailed explanation-1: -Amid the Netherlands’ emergence as a major maritime and commercial power, the colony was conceived by the Dutch West India Company (GWC) in 1621 to capitalize on the North American fur trade.

Detailed explanation-2: -The Dutch founded New Netherland in 1613 as a trading post for exchanging furs with the Iroquois. The center of the fur trade in New Netherland was the town of New Amsterdam on Manhattan Island.

Detailed explanation-3: -Colonists arrived in New Netherland from all over Europe. Many fled religious persecution, war, or natural disaster. Others were lured by the promise of fertile farmland, vast forests, and a lucrative trade in fur. Initially, beaver pelts purchased from local Indians were the colony’s primary source of wealth.

Detailed explanation-4: -The primary motivation for Dutch settlement of this area was financial-the country wanted to add to its treasury. To this end, Dutch traders formed powerful alliances with Native Americans based on the trade of beaver pelts and furs.

Detailed explanation-5: -Founded to protect the Dutch West India Company’s beaver trade on the Hudson River and to establish a Dutch presence in eastern North America, New Amsterdam colony sat at the southern tip of what is now Manhattan in New York Harbor.