COLONIALISM AND IMPERIALISM
COLONIALISM AND ITS ANALYSIS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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control the spice trade in Indonesia
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buy the spices from Indonesia with a high price
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compete with the Dutch traders
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fight the colonizers
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Detailed explanation-1: -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-2: -The company essentially achieved a monopoly on nutmeg (meat preserver) and cinnamon trade for about a century and raked substantial profits. Most came from the “Spice Islands” in the Dutch East Indies. By 1750, VOC employed around 25, 000 people and did business in 10 Asian countries.
Detailed explanation-3: -VOC Background: The Dutch East India Company (VOC) was established in 1602, when the States-General of the Netherlands granted it a 21-year monopoly to carry out colonial activities in Asia. It was the first multinational corporation in the world and the first company to issue stock.
Detailed explanation-4: -The United Dutch East India Company (Vereenigde Oostindische Compagnie) was formed in 1602 in order to unite various small trade companies which had created commercial links with the India and East Asia during the late sixteenth century.