USA HISTORY

SETTLING NORTH AMERICA 1497 1732

NEW NETHERLANDS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The Dutch West India Company’s goal was to ____
A
trade for furs to make money
B
find the Northwest Passage
C
find gold in the rivers
D
set up schools for Native Americans
Explanation: 

Detailed explanation-1: -Its purpose was to open trade in North and South America, build forts, maintain troops, and challenge Spanish trading in the West Indies. Three years later, the Dutch sent Cornelius J. May to colonize its land claims on both sides of the Hudson River.

Detailed explanation-2: -Dutch West India Company, byname of West India Company, Dutch West-Indische Compagnie, Dutch trading company, founded in 1621 mainly to carry on economic warfare against Spain and Portugal by striking at their colonies in the West Indies and South America and on the west coast of Africa.

Detailed explanation-3: -The Dutch came to India with the intent of trading, given the growing demand for Indian spices from Asia in Europe. The rise of the Dutch East India Company ushered in the first multinational corporation(MNC) in the modern sense.

Detailed explanation-4: -Apart from textiles, the items traded in Dutch India include precious stones, indigo, and silk across the Indian Peninsula, saltpetre and opium in Dutch Bengal, and pepper in Dutch Malabar. Indian slaves were exported to the Spice Islands and the Cape Colony.

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