USA HISTORY

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 East India Company, byname of United East India Company, Dutch Vereenigde Oost-Indische Compagnie, trading company founded in the Dutch Republic (present-day Netherlands) in 1602 to protect that state’s trade in the Indian Ocean and to assist in the Dutch war of independence from Spain.

Detailed explanation-3: -In 1623, New Netherland became a province of the company. In the early years, New Netherland was generally mismanaged by various directors hired by the WIC to govern the colony.

Detailed explanation-4: -On 3 June 1621, it was granted a charter for a trade monopoly in the Dutch West Indies by the Republic of the Seven United Netherlands and given jurisdiction over Dutch participation in the Atlantic slave trade, Brazil, the Caribbean, and North America.