CH1 sec. 1.2.1 The first multinationals: VOC and WIC

• Geschiedenis
• Middelbare school
• havo
• Leerjaar 2

Memo hm 2 TTO

CH1. The age of regents and rulers

The Golden Age

sec. 1.2 The first multinationals: VOC and WIC

Learning objectives

1) I can describe two causes for the increasing wealth of the Republic. 
2) I can explain how Amsterdam became the most important trading city in the Netherlands around 1600.

I know the terms and dates from this section.

Causes for the increasing wealth of the Republic

Causes

1. Growing Baltic trade.

2. Transfer of trade from Antwerp to Amsterdam.

Baltic trade

Around 1450 Dutch Hanseatic towns

like Deventer, Kampen and Zwolle 

traded with Baltic region.

• Bought wood and grain

End of fifteenth century Hanse 

trade went into decline. Towns in 

Holland, like Hoorn, Enkhuizen and Amsterdam took over Baltic trade.

Growing Baltic trade

• Baltic trade became most important trade (moedernegotie).
• Dutch traders sold salt and herring. 
• Fishing and craftspeople benefited (for example shipbuilding, sawmills, etc.).

Transfer of trade from Antwerp to Amsterdam

15th and 16th century Antwerp world's most

important commercial centre.

1585 Fall of Antwerp 

• Spain conquered Antwerp.
• Protestant merchants and craftspeople 

fled to Holland and Zeeland.

• Blockade of the river Scheldt
• Transfer of trade from Antwerp to Amsterdam.
• Amsterdam world's most important commercial centre.

Prosperous Amsterdam

Positive consequences of the Fall of Antwerp for the Republic:

• Flemish merchants brought money, knowledge and trade contacts with them.
  
• Flemish craftsmen relocated their companies. For example, the Flemish cloth industry was a boost for the economy.

What isn't a cause for the increasing wealth of the Republic?

1. Baltic trade
2. Fall of Antwerp
3. French protestant refugees

What doesn't match Baltic trade?

1. pepper and coffee
2. grain and wood
3. moedernegotie
4. Poland

After 1585 Antwerp became the world's most important commercial centre.

1. true
2. false

Learning objectives

 1) I can describe two causes for the increasing wealth of the Republic.

2) I can explain how Amsterdam became the most important trading city in the Netherlands around 1600.

I know the terms and dates from this section.

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.