5.2 A glorious golden age

5. As rich as a king

5.2 A glorious Golden Age
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Slide 1: Slide
GeschiedenisMiddelbare schoolvwoLeerjaar 2

This lesson contains 41 slides, with interactive quizzes, text slides and 5 videos.

Items in this lesson

5. As rich as a king

5.2 A glorious Golden Age

Slide 1 - Slide

Age of explorers and reformers (1500-1600)
Age of Regents and Monarchs (1600-1700)

Slide 2 - Slide

Typical Aspects
  • Worldwide business contacts, capitalism and the start of a world economy
  • The place of the Dutch Republic in political sense and the economic and cultural development it experienced
  • The aspiration of monarchs to gain absolute power
  • The scientific revolution

Slide 3 - Slide

Learning goals
You can explain why Amsterdam became the centre of trade in the 16th and 17th centuries.

Slide 4 - Slide

How does the Republic become rich? (1)
  • 1568-1648: 80 years war (Dutch Revolt)

  • In principle, war is bad for trade, but the war was mainly fought in the Southern Netherlands (current Belgium)

  • The port of Antwerp was closed: trading ships diverted to Amsterdam

Slide 5 - Slide

How does the Republic become rich (2)
  • The Netherlands does not have a lot of products/raw materials

  • They have a lot of dairy products

  • Solution: Staple City

  • Amsterdam will become one large marketplace for European manufacturers

Slide 6 - Slide

Products are stored in the warehouses and are sold when there is a shortage. This way the merchants can sell the products for a higher price.

Slide 7 - Slide

Stapelmarkt

Slide 8 - Slide


A ship sailing from Amsterdam to the countries around the Baltic Sea is loaded with:
A
Cheese, textiles and fish
B
Wine and oil
C
Spices
D
Grain and wood

Slide 9 - Quiz


A ship sailing from the countries surrounding the Baltic Sea to Amsterdam is loaded with:
A
Cheese, textiles and fish
B
Wine and oil
C
spices
D
Grain and wood

Slide 10 - Quiz

1609: Exchange bank
In this bank foreign currency can be exchanged for florin.

Slide 11 - Slide

Rich!
  • Due to the Exchange Bank and the Staple City, Amsterdam flourishes.
  • People come to earn money. Where?         Stock Exchange 
  •  At the stock exchange market people can invest in companies
  • The city becomes wealthier an grows!
A place where tradesman come together to trade

Slide 12 - Slide

Slide 13 - Video


Explain what Staple City means

Slide 14 - Open question

How did Amsterdam become the Centre of Trade in the 16th and 17th century?

Slide 15 - Open question

Homework!
Make 5.2 exercise 1, 2 and 3

Slide 16 - Slide

5. As rich as a king

5.2.2 The Dutch East India Company

Slide 17 - Slide

Age of explorers and reformers (1500-1600)
Age of Regents and Monarchs (1600-1700)

Slide 18 - Slide

Typical Aspects
  • Worldwide business contacts, capitalism and the start of a world economy
  • The place of the Dutch Republic in political sense and the economic and cultural development it experienced
  • The aspiration of monarchs to gain absolute power
  • The scientific revolution

Slide 19 - Slide

Learning goals
You can explain what made the Dutch East India Company and the Dutch West India Company part of the world economy.

You can explain what the relationship is between slave trade and slave labour on a plantation.

Slide 20 - Slide

What do you know
about the VOC?

Slide 21 - Mind map

What do you know
about the WIC?

Slide 22 - Mind map

Spices


  • Long route and lots of middlemen:  peperduur.

Slide 23 - Slide







De verschillende handelsroutes vanuit Azië

Slide 24 - Slide

Europese landen willen zelf winst maken
  • The Portuguese discover the route to Asia

  • The Portuguese keep this Carreira da India strictly secret

Slide 25 - Slide

The Dutch want this as well!

  • Spionage!

  • Jan Huygen van Linschoten travels along and describes the journey in his Itinerario

Slide 26 - Slide

The Itinerario, orVoyage ofte schipvaert, naer Oost ofte Portugaels Indien (...etc etc.), was more than just a map.
It contained many drawings of strange coasts, animals, people and their rituals. The Dutch were amazed.

Slide 27 - Slide

First Dutch people in Asia
  • Cornelis de Houtman was the first Dutchman to arrive in the East Indies in 1596

  • The Dutch have a route to Cape the Good Hope!

Slide 28 - Slide

New problem!
  • More and more Dutch companies (companies) are sailing to the Indies.

  • This creates a lot of competition between Dutch people

  • As a result, the price of spices drops rapidly, and so does the profit

Slide 29 - Slide

Dutch East India Company (1602)
  • The Dutch government (States General) intervenes

  • Companies must merge into one company

  • This prevents competition and the profits can also be used in the war against Spain

Slide 30 - Slide

They receive full monopoly over the trade in Asian waters. They also receive the authority to wage war and sign treaties in name of the Republic.
Monopoly: Market situation where there is only one supplier of a certain product

Slide 31 - Slide

Slide 32 - Slide

Privateering and slave trade
  • A company like the VOC was needed for trade with Western countries as well.

  • 1621: Dutch West-India Company

  • monopoly on trade with North and South America.

  • Privateering was also allowed > hijacking Spanish and Portuguese ships > capturing the Silver Fleet.

Slide 33 - Slide

Slide 34 - Video

Slide 35 - Video

Slide 36 - Slide

Slide 37 - Video

Slide 38 - Video


In what year was the VOC founded?
A
1601
B
1602
C
1701
D
1702

Slide 39 - Quiz


In what year was the WIC founded?
A
1601
B
1602
C
1621
D
1721

Slide 40 - Quiz

Slide 41 - Slide