Question

The Dutch West India Company is an example of the government monitoring trade. Explain how these chartered companies came about.___________

Answer 1

Answer:

The Dutch west indian company came into existence because the governments of France and England allowed private investors

Formed as chartered group of companies to run business in the area, and in effect develop the colonies in exchange for monopoly control and annual fees. These was a way for the government of France and England to control cost.

Explanation:

The main purpose for establishing the charter was to eliminate competition, mainly from Spanish or Portuguese, between the different trading domains established by the merchants. The company became a medium through which the Dutch colonized most of America in the seventeenth century