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The Dutch at the time had the largest merchant fleet of all Europe and were the premier shippers of any bulk goods between any countries in Europe. England's Navigation act - activated solely to give a boost to English shipping and commerce - dictated that from now on, any goods shipped to or from England could only be transported by an English ship or by a ship of the other country concerned in producing or buying the goods in the ship.

Since no other European country (except for the Dutch) had a merchant fleet to speak of, this meant that any trade to and from England would effectively be serviced by only English ships. This again meant that the Dutch in one stroke lost a large part of their market: even if only part of a cargo was meant for England, the English claimed exclusivity for that trade, too.

The Navigation Act led first to massive lay-offs in the major (all harbor) cities of the Dutch Republic and to four consecutive wars between Holland and Britain which in sports terms led to two wins, one loss and a draw in favour of the British.

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In 1651 the new government in England passed the first Navigation Act. This act may be considered to be a political act aside from an economic one to help their mercantile system.Most see it aimed directly at the Netherlands, leaders in ship trade cargo. It meant that English ships were the ones to be used for trade among England and her colonies.

Great Britain also demanded that Dutch ships "salute" the Union Jack when using the English channel. The result of this were minor conflicts in 1652 through 1764. The British also annexed the Dutch colony of New Amsterdam New York ) but gave the Netherlands a colony in the West Indies.

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Q: How did the British Navigation Acts effect Dutch shipping?
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They were racist


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The eighteenth century was post "golden-age", when the Dutch had the world's trading and arms capital. This century was one primarily focused on shipping.


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How was the stock market created?

The current stock market as we know it was first formed in 1598 when Dutch merchants decided to create the biggest shipping company in the world, to monopolize the shipping trade.The first Shares of stock where sold to investors in 1602. They publicly offered shares in their new venture to any and all who had the means to buy them (cost was 3000 Guilders). Promising their investors a "SHARE" in the companies profits, also known as a "DIVIDEND". The new company was called the DUTCH EAST INDIA COMPANY ticker symbol "VOC". The VOC reined supreme for 198 years paying an average dividend of 18% and a high of 75% in 1606. It finally succumbed to greed, corruption and mismanagement December 31, 1799.


What was the dutch monetary unit before the euro?

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Related questions

How can you use navigation acts in a sentence?

The Navigation Acts were introduced by the English to eliminate Dutch competition in the shipping trade.


Why were the navigation acts not strictly enforced?

One of the main intentions of the Navigation Acts was to insulate British shipping companies from competition with the Dutch. Enforcement was often overlooked because the acts actually cost the British money due to stifling cash flow and trade.


What are the causes of the navigation acts?

the rise of dutch carrying trade threatened to drive English shipping to the seas.


American colonists were ordered to import or export goods only on British ships This was enforced by which law?

the principle was put forth in the navigation acts of 1651, to try and reduce the viability of dutch shipping, which was declared void upon the restoration of charles ii, but was reinstated through the navigation act of 1660. similar laws were passed later that restricted trade with english colonies.


Is royal Dutch shell a British company?

40% British, 60% Dutch


Explain why the navigation acts encouraged smuggling?

The Navigation Acts encouraged smuggling because there was no method of controlling it. The Dutch offered a much better deal to the colonists, thus making smuggling in Dutch imports and smuggling out exports to the Dutch very worthwhile.


Who benefited from the navigation act and how did they benefit?

The Navigation Acts were a series of laws that restricted the use of foreign ships for trade between Britain and its colonies. These laws bolstered trade within the British empire, minimizing financial loses to foreign powers. The Navigation Acts were particularly crippling to Dutch traders, and led to a boom of industrialization and commerce in London. The Navigation Acts also led a sharp increase in the quantity and quality of the Royal British Navy, which led to England becoming a world super-power.


What did dutch do different when compared to other exploring nations?

Shipping


Who colonized Malacca?

The Portuguese, Dutch and British.


Why did England pass law specifically aimed at reducing dutch mercantile competitors?

The Navigation Act was passed because the Dutch had the biggest trading fleet of all Europe, and the exports and imports of many countries - including England - were largely realized with Dutch ships. England was keen on expanding its own merchant fleet and on getting a larger share in that business.England also did not like the idea of its being so dependent on Dutch ships for its trading activities. Both considerations led to the Navigation Act which said that any goods going from or to any English harbour must from now on be transported with British ships or with ships from the country of origin or destination. As many European countries had no mechant fleet to speak of, this meant that England basically monopolized that trade. The British so in one stroke cut the Dutch out of the trade between itself and any other country, and forced an enormous boost to the size of their own merchant fleet. The Navigation Act so damaged the Dutch economy that it was a major reason for the three later wars between England and the Dutch republic. But the Dutch could not get the Act repealed, not even when their Dutch Stadholder became King of England as William III.


What was the effect of dutch colonization on Indonesia?

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The system of Navigation Acts originated in the 1650s in response to the stiff commercial competition offered by the?

dutch