CH2 sec. 2.3 Overseas trade

• Geschiedenis
• Middelbare school
• havo
• Leerjaar 2

Memo havo 2 TTO

CH2. The age of regents and rulers

The Golden Age

sec. 2.3 Overseas trade

Learning objectives

Main question: How did the Dutch conduct trade in Asia, Africa and America?

• You can explain how a global economy could emerge in the 17th century.
  
• You can explain how the VOC and WIC operated and which roles they played in the global economy. 
  
• You can explain how the trans-Atlantic slave trade emerged.
  
• You know the terms and dates of this section.
  

A world economy

Sixteenth century

Voyages of discovery by Spain and Portugal.

• Spice trade
• Spread of Christianity (Roman Catholicism)
• Expanding political power

A world economy

Merchants from the Republic, France and England joined.

• searched for new trade routes
• cartography
• became rich and powerful trading nations

VOC

Around 1600 the demand for spices grew.

Merchants from Holland and Zeeland wanted to benefit from the spice trade.

1594-1597 Willem Barents explores the Northeast Passage to Asia through the Arctic Ocean. Failed to establish a new trade route.

1595 First Compagnie that succesfully trades in Asia ('voorcompagnie').

VOC

1602 VOC (Verenigde Oost-Indische Compagnie) set up.

Companies decided to collaborate.

• Avoid competition among themselves
• Better protection against the Portugues

Many people in Holland and Zeeland invested money in the company and shared in its profits.

The VOC was one of the first multinationals.

VOC

The VOC was given special privileges by the States-General.

• Trade monopoly in the East Indies
• Construct forts
• Conclude treaties with Indian princes
• Fight wars

Batavia was the most important trading post.

The VOC would use violence to enforce the trade monopoly and to get the best price for products.

The VOC was very succesful.

WIC

WIC (West-Indische Compagnie) founded in 1621

• Trade monopoly on slave trade and luxury products like tobacco, sugar, cocoa and coffee in America and Africa.
• Trading posts in West Africa and colonies with plantations in America (Surinam en de Dutch Antilles)
• Privateering (piracy)
• Triangular trade

The WIC was less succesful than the VOC. 

Get to work

What? See whiteboard.

How? Alone 

Help? Ask neighbour. Can't figure it out? Ask teacher. 

Time? Until the end of the lesson. 

Done? Learn terms and dates. Ask teacher.