1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
hoa [83]
3 years ago
6

How did the Dutch West India company make its money?

Social Studies
1 answer:
Morgarella [4.7K]3 years ago
6 0
N the 1600s, the Dutch West India Company was more powerful and successful than Microsoft, IBM, or General Motors today. The Company's thousands of employees had one primary goal: to make money. Investors in the Dutch West India Company were fortunate. Its annual profits went as high as 200 or 300 percent. (In comparison, a strong stock today might return yearly profits of 20 or 30 percent.) In the pursuit of profits, the Company traded commodities such as spices, sugar, fur, and slaves. It also fought battles against Spain to gain new territory.

The Dutch West India Company was an offshoot of the Dutch East India Company, which funded Henry Hudson's voyage to North America in 1609. If Hudson could find a secret shortcut to Asia, the Company would make even more profits.

Although Hudson failed at this mission, his dazzling reports of fur trading opportunities inspired merchants. About fifteen years later, the Company sent over some thirty families as colonists and workers. They called the new colony "New Amsterdam." Later renamed New York, it would grow into one of the greatest cities in the world.

You might be interested in
Which type of local government is expressed in this<br> map of Georgia?
charle [14.2K]

Answer:

Where is the map?

Explanation:

3 0
3 years ago
Read 2 more answers
All of the following were weaknesses of the Articles of Confederation EXCEPT:
ella [17]

Answer:

Lol

Explanation:

Lol because

6 0
3 years ago
Why do nations form alliances? Please give examples of different kinds of alliances and explain their purposes, like the NATO tr
denpristay [2]
Nations form alliances in order to achieve goals that otherwise wouldn't be possible. For example, NATO, or the North Atlantic Treaty Organization, a coalition of countries in North America and Europe, agree to defend one another in case of attack from an outside party. This is clearly beneficial, because this intergovernmental support both makes an outside attack less probable, and if it occurs, easier to handle. Another example is NAFTA, or the North American Free Trade Agreement. Shared among Canada, the US, and Mexico, this alliance eradicated trade barriers within these countries. Another beneficial alliance, this agreement increases international trade due to lower costs and thus improves the international economy.
7 0
3 years ago
Which of the following is the best definition of a motivational appeal? a. a message designed to induce fear in, or increase the
7nadin3 [17]

Answer:

I believe it's A. a message designed to induce fear, or increase the anxiety of, a receiver

5 0
4 years ago
Carmella had a stroke that caused damage to her brain. As a result, she can no longer form new memories about people she meets o
tekilochka [14]

Answer:

The Hippocampus

Explanation:

The hippocampus is part of the limbic system, and plays important roles in the consolidation of information from short-term memory to long-term memory, and in spatial memory that enables navigation. The hippocampus is located under the cerebral cortex in the allocortex, and in primates it is in the medial temporal lobe.

6 0
3 years ago
Read 2 more answers
Other questions:
  • How did the rulers of the yuan dynasty change chinese governments?
    5·2 answers
  • About _____ percent of the lung cancer deaths worldwide, and _____ percent in industrialized nations, are caused by cigarettes.
    14·1 answer
  • Compare the two monsters. does the behavior of grendel's mother seem as wicked or unreasonable as grendel's behavior? support yo
    8·1 answer
  • The Foreign Corrupt Practices Act (FCPA) makes it illegal for US citizens to bribe high ranking foreign officials to get new bus
    8·1 answer
  • Pietro notices that when there are empty seats on the bus, nobody ever sits beside a stranger. However, when the bus is crowded,
    11·2 answers
  • Why the rule that everyone needs eight hours of<br>sleep is a myth?​
    6·1 answer
  • What cultural similarities did native peoples of the Western hemisphere share in the 1490s, and why?
    14·1 answer
  • Why did biologist think that reintroducing wolves would be a good idea
    14·1 answer
  • Renee was able to plant 15 flowers in 5 minutes.
    12·1 answer
  • Please help me 100 points!!!
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!