It was the "oil crisis" that was one major cause of the recession in the United States in the 1970s, since many countries in the Middle East cut prices to manipulate prices. This put a focus on alternative energy sources that continues today.
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Henry's motive behind the annulment was his need for an heir to the throne.
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The Dutch colonial empire (Dutch: Nederlandse koloniale rijk) comprised the overseas territories and trading posts controlled and administered by Dutch chartered companies—mainly the Dutch West India Company and the Dutch East India Company—and subsequently by the Dutch Republic (1581–1795), and by the modern Kingdom of the Netherlands after 1815.[1] It was initially a trade-based system which derived most of its influence from merchant enterprise and from Dutch control of international maritime shipping routes through strategically placed outposts, rather than from expansive territorial ventures.[2][1] The Dutch were among the earliest empire-builders of Europe, following Spain and Portugal.
