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5.2 A glorious golden age
5. As rich as a king
5.2 A glorious Golden Age
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5. As rich as a king
5.2 A glorious Golden Age
Slide 1 - Tekstslide
Age of explorers and reformers (1500-1600)
Age of Regents and Monarchs (1600-1700)
Slide 2 - Tekstslide
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 - Tekstslide
Learning goals
You can explain why Amsterdam became the centre of trade in the 16th and 17th centuries.
Slide 4 - Tekstslide
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 - Tekstslide
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 - Tekstslide
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 - Tekstslide
Stapelmarkt
Slide 8 - Tekstslide
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 - Quizvraag
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 - Quizvraag
1609: Exchange bank
In this bank foreign currency can be exchanged for florin.
Slide 11 - Tekstslide
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 - Tekstslide
Slide 13 - Video
Explain what Staple City means
Slide 14 - Open vraag
How did Amsterdam become the Centre of Trade in the 16th and 17th century?
Slide 15 - Open vraag
Homework!
Make 5.2 exercise 1, 2 and 3
Slide 16 - Tekstslide
5. As rich as a king
5.2.2 The Dutch East India Company
Slide 17 - Tekstslide
Age of explorers and reformers (1500-1600)
Age of Regents and Monarchs (1600-1700)
Slide 18 - Tekstslide
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 - Tekstslide
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 - Tekstslide
What do you know
about the VOC?
Slide 21 - Woordweb
What do you know
about the WIC?
Slide 22 - Woordweb
Spices
Long route and lots of middlemen:
peperduur
.
Slide 23 - Tekstslide
De verschillende handelsroutes vanuit Azië
Slide 24 - Tekstslide
Europese landen willen zelf winst maken
The Portuguese discover the route to Asia
The Portuguese keep this
Carreira da India
strictly secret
Slide 25 - Tekstslide
The Dutch want this as well!
Spionage!
Jan Huygen van Linschoten
travels along and describes the journey in his
Itinerario
Slide 26 - Tekstslide
The
Itinerario
, or
Voyage 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 - Tekstslide
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 - Tekstslide
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 - Tekstslide
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 - Tekstslide
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 - Tekstslide
Jan Pieterszoon Coen
Slide 32 - Tekstslide
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 - Tekstslide
Slide 34 - Video
Slide 35 - Video
Slide 36 - Tekstslide
Slide 37 - Video
Slide 38 - Video
In what year was the VOC founded?
A
1601
B
1602
C
1701
D
1702
Slide 39 - Quizvraag
In what year was the WIC founded?
A
1601
B
1602
C
1621
D
1721
Slide 40 - Quizvraag
Slide 41 - Tekstslide
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