Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How did dutch east india company benefit the dutch?

April 26, 2017benefit COMPANY Dutch East India

0

0 Posted

How did dutch east india company benefit the dutch?

1 Answer

0

0 Posted

When the Dutch East-India Company (VOC in Dutch which stands voor Verenigde Oost-Indische Compagnie) ruled the oversea markets in luxury goods such as spices and tea all the money they received from selling and trading these goods was invested into new projects (such as new ships) back in the Netherlands. Which created a lot of working opportunities and generally improved the Dutch living standard.