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The Dutch East India Company was formed in 1602 by a wealthy Dutch merchants. The leaders of the Netherlands give so much power to the company because Unlike Portuguese and Spanish traders, whose expeditions were tightly controlled by government, the company wasn't. But it rather had full sovereign powers. With this freedom or power, it could build armies, wage war, negotiate peace treaties, and govern overseas territory. This help the company to dominate the South and Southeast region.

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11y ago
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14y ago

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.

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13y ago

I don't know. Look in your textbook you slacker! :p

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Q: Why did the leaders of the Netherlands give so much power to the dutch east India company?
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The Dutch West India Company.


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The two corporations that the Netherlands relied on its early history were the Dutch East India Company and the Dutch West India Company.


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Why did leaders of the Netherlands give so much power to the Dutch East India Company?

The Dutch East India Company was formed in 1602 by a wealthy Dutch merchants. The leaders of the Netherlands give so much power to the company because Unlike Portuguese and Spanish traders, whose expeditions were tightly controlled by government, the company wasn't. But it rather had full sovereign powers. With this freedom or power, it could build armies, wage war, negotiate peace treaties, and govern overseas territory. This help the company to dominate the South and Southeast region.


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What colony was founded in 1624 by the Dutch West India Company?

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The Dutch East India Company was established on 20 March 1602, when the Estates-General of the Netherlands granted it a monopoly to trade from the Cape of Good Hope to the Straits of Magellan. Its Dutch name was the Verenigde Oostindische Compagnie, or VOC.