The Mutual Impact Between Amsterdam and the VOC The Verenigde Oostindische Compagnie, or The Dutch East India Company, was the first multinational corporation in history (Shorto 103). In the interest of conserving space, the Verenigde Oostindische Compagnie will be shortened to the VOC in this paper. Founded in 1602, the VOC was primarily a trading company, but also had the power to declare wars, create colonies, and negotiate treaties (Briney). The VOC’s massive reach across the globe and its ability to transport large quantities of goods caused entire populations to rely on foreign trade to survive (Shorto 104). Even Japan, who had a general policy of refusing foreign trade, allowed the VOC to trade with them for two centuries …show more content…
Early Amsterdammers were at war with water because the settlers needed to drain the marshy terrain to obtain land suitable for building and farming. The owner of any given parcel of land was responsible for seeing that the dykes that held back the water were maintained and keeping their land dry. If one neglected their duties, water would sweep in and cause destruction to not only the negligent party’s land, but everyone’s (Mak 11). Flooding caused destruction of property and crops and essentially lowered chances of survival. Because it was vital to cooperate with others, despite potential differences and disagreements, the Dutch developed a pragmatic and collaborative outlook. Draining water to create land also affected the area’s geography. To remove the water, it had to be directed into canals that ran directly into the ocean or natural rivers (Mak 11). These canals proved to be an advantage, as traders could easily anchor and load boats directly where their homes or stores were. Although this made loading goods easier, traders first had to take convoluted routes through twisting rivers to sell their wares because their boats were unfit for the open-sea. Then, with the invention of a ship called a cog, trading routes could now stretch across seas. The cogs themselves could also carry five to ten times more cargo than earlier boats. Because Dutch traders could go to farther ports to trade, their cities, namely Amsterdam, became
ships had to be unloaded so the freight could be carried overland, towns sprang up where the cargo could be stored and protected, and slipways were constructed so that the ships could be drug over land, so there was no way enemy ships or navies could attack.
Bringing money to the community to build better housing, military, etc. transporting of goods also gave jobs. This helped the economy, and overall wellth of the community. Using the river as transportation could not only transport goods, but also explorers so the country could gain more land. With these advantages there also came many disadvantages.
Throughout early history, civilizations often sought to receive resources from afar to sustain their societies and keep themselves thriving, and to this end trade relations and eventually trade routes began to emerge. This aided civilizations in their discovery of foreign items that they may use to better their societies. These items traded ranged from complex technology to something as simple as nutmeg. The main trade routes that were utilized in East and South Asia were the silk road and the Indian Ocean Trade Network. In the 7th- 12th centuries, both the silk road and Indian ocean trade route had affected east and south Asia by the introduction of religions such as Buddhism changing government forms and altering the belief systems of society and changing how individuals live their daily lives, however differences were present in the impact that these routes had on daily lives, such as the Indian Ocean Trade Route giving rise to an entire new culture in Africa known as the Swahili and leading to the innovation of the sailing boat known as the Dhow, and the silk road led to the transmission of religion and resources throughout Eurasia and it led to utilization of caravans and animals as a means of trade.
In the 17th Century the Netherlands took control of the Banda Islands, successfully gaining monopoly of the spice trade. The Dutch were engaged in competition with the English and Portuguese for control of the Spice Islands, and decided to forcefully establish their control through their Dutch East Indies trading company. At this point the Portuguese presence was decreasing in the Bandas, and the British and British East India trading company were the Dutch’s primary competitors in the East Indies (Milton, 1999).
Once railroads were built, shipping by them became increasingly popular. Shipping domestically became cheaper and quicker, which elevated the U.S. economy. In Document E, the cost to ship by wagon is recorded to be twenty times the cost by railroad. Furthermore, the article describes wagon shipping “ was $1.77, while by rail it was less than a tenth of that amount.” Before the invention of the Transcontinental Railroad, trade was limited to wagons being driven for days on end. Few people considered the drive, so the price was high to ship. Besides high prices, canals were
Water travel was not the only way of travel revolutionized during the Market Revolution. Land travel was greatly improved by the first railroad being built in the late 1820’s. It was a quicker, cheaper, and much easier way of transporting goods. Railroads could get you from one place to another in a very short amount of time, therefore being “very pleasant to people in a hurry.” (280). In the 1840’s, there was the same length of railroads as there was canals, therefore
One type of transportation that remained constant throughout history was canal systems. One of the most prominent was the Erie Canal. This canal connected Lake Erie to the St. Louis River, to the Atlantic Ocean. Steamships could travel both ways through this canal, for a fare of course. Steamships from the Great Lakes could then take goods from that region and transport them on a global scale, doing nothing but helping the economy
One specific innovation or act that impacted North American economy was the Navigation Acts passed between 1650 and 1673. These prompted trading to established by English or colonial built ships which opened up some pros and some cons. These acts enabled New England shipbuilding to prosper but it severely limited the development of colonial manufacturing and caused colonists to pay high prices for manufactured goods from England. Ships played a major role in during the colonial period because it was used highly for trading especially during the triangular trade routes, helping to transport slaves and different goods to and fro the colonies. Navigable water routes provided easy transport of materials compared to the rough and narrow land routes. Thus many harbors and taverns sprouted up in areas such as Boston, New York, Philadelphia and Charleston. Taverns soon became places where information was exchanges as well causing an increase in social interactions. The early 1800s boomed with massive changes in transportation helping to move both people, manufactured goods and raw materials proving to be a vital part of the industrial economy. Innovations didn’t stop there as the Western part of North America grew so did transportations, pioneers could easily reach the frontier due to the many new transportations methods such as canals, roads and steamboats as well and railroads. For example, the Pennsylvania’s Lancaster turnpike connected around Lancaster initiated the building of other short toll roads which by the mid-1820s connected most of the major cities. Another example would be the famous building of the Eerie Canal completed in 1825, the success of the canal stimulated economic growth and also created the construction of other canals in other states
The combination of Mercantilist ideals and joint stock companies fueled intense Colonial competition between European nations, and these competitions decided who stayed in power. One specific nation that was constantly in competition with the English were the Dutch. They fought over similar colonies including those in North America and the Caribbean. In 1652, a Dutch letter wrote about all the money that the Dutch had put into securing an island in the Caribbean, but more importantly how there were “Great swelling words abound, so that the scene is altered and nothing thought of but domineering over England”. All the Dutch thought about were ways to beat England and become more profitable than they were. They know that the country with more
As the Erie Canal was used for trade, what was used for trading and transportation? According to Chart 1, the use of transportation, "Wagons, horses, line boats, and mules were used for trade and transportation." Underground railroads were used for transportation and freedom. "All abolitionists use this for transportation and for leading slaves to freedom(Map 2)." Another transportation was what the Americans call the Burned-Over District. "After the Erie Canal's expansion, it was changed due to the way it was opened. Due to money, trade, and travel,, the Erie Canal made history for the United
The exploitation and pillage of the West Indies and the Americas, and that of Africa by means of the slave trade, and finally, the discovery by Europeans of the sea route to the Far East and India, led to a rapid growth in world trade by the 16th century. The vital role of India and the Far East in generating the system of British industrial capitalism and capital accumulation in Britain is undeniable. In that role, were great monopolistic chartered trading corporations that emerged in England during 16th and 17th century, such as the Baltic Company and the Levant Company? The greatest of which was the East India Company, which conquered and had rule over India.
When looking throughout history societies have always been located near water. This was partly because the fact water enables better travel compared to going over land. Waterways are very important in the transportation of goods and people throughout the world with millions of people and cargo going in and out of ports around the world at any given time. With the complex network of different connections between coastal ports, rail, air, truck, and inland ports form the foundation of economic wealth worldwide.
As technology and industrialization advanced in the nineteenth and twentieth century, British influence in India increased even more. The English East India Company was developed, “in the interests of spreading risk, achieving efficiency and maximizing profits,” (Bentley 659). As a result of the increasing industries in Europe, imperialism spread across Europe. In the reading, Traditions and Encounters Global Perspective on the
This canal went from Francis’ Worsley coal mines to the city of Manchester. After in 1800 about 3,000 miles of canals had been built in Britain (167). Up until the 1800s the easiest way to travel a large load was by a ferry. This made it easier for materials to reach factories that were heavy like heavy loads of coal and iron. They also dug canals to supplement their river systems. Although England was not the only one that dug canals during around this time period, Germany and France were also digging canals and waterways (Corrick 38).
The weight of many products made transportation across land extremely expensive, so often times traders would resort to sea as their cheapest form of transport. However, due to the lack of waterways, transport would still often end up having to be done by land. Transport costs controlled the size of cities, as well as the products that were traded.