This lesson contains 15 slides, with interactive quizzes, text slides and 1 video.
Lesson duration is: 50 min
Items in this lesson
WIC West-Indian Company
Slide 1 - Slide
Summary Lesson about VOC
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Slide 3 - Slide
To the West!
On the other side of the world were other trading opportunities. In 1621, the Dutch West India Company ('West-Indische Compagnie') or WIC was established. The WIC was managed almost similarly to the VOC. It established many trading posts and colonies in North and South America and the Caribbean, like Curacao and Brazil.
The WIC traded mostly in gold, sugar and slaves. They bought slaves on the west coast of Africa. African tribe leaders would often sell their captured enemies as slaves. These slaves were shipped to a trading post of the WIC, such as Curacao.
Here the slaves were sold at auctions, mostly to work on plantations in North or South America.
logo of the Geoctroyeerde Westindische Compagnie
WIC ships sailing to America
Dutch slave traders bringing slaves to the slave market
WIC ships. Slaves that got sick or died during the journey across the Atlantic were thrown overboard. You will learn more about the Atlantic slave trade in one of the next lessons.
Besides trade, the WIC was also allowed to capture and destroy Spanish ships that journeyed between the Spanish colonies and Spain. Their goods and silver were taken by the WIC. This was called privateering and caused a big blow for the Spanish economy. The States General supported privateering to stop Spain from waging war against the Republic.