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The Dutch became wealthy from trade and banking during the 17th century, known as the Dutch Golden Age, due to their strategic geographical location and advanced maritime technology. They established a vast network of trade routes, particularly through the Dutch East India Company, which dominated the spice trade and brought significant profits. Additionally, Amsterdam emerged as a financial hub, with innovative banking practices and the establishment of the Stock Market, attracting investments and facilitating commerce. This combination of maritime prowess and financial innovation propelled the Dutch economy to new heights.
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What trade did the Medici family deal in before they became masters of florence?
banking
Renaissance florence banking and trade?
It became a new opportunity to show other cities and nations what they were good at so trade became very important.
What colony became wealthy through the slave trade?
Charleston South Carolina had the largest slave market in the United States. So, they became wealthy by selling slaves.
How did the ancient kingdom of Kush become wealthy?
they were wealthy from how they had gold and ivory and valuable woods and other stuff too!
What was the impact of silk to China?
the silk impacted china because silk was use for trade..
What was the cause of the dutch becoming wealthy from trade and banking?
The cause of the Dutch becoming wealthy from trade and banking included their ability to build ships cheaply which allowed them to establish colonies around the world.
How did the mycenaean civilization became wealthy?
Mainly by fishing and sea trade.
Why did florence become wealthy?
they became wealthy through trade
What African kingdoms became wealthy from trade after?
Sahara
What African kingdoms became wealthy from trade after Ghana?
Sahara
What African kingdoms became wealthy after trade after Ghana?
Sahara
What country became wealthy because of its trade with the spice islands?
Portugal
What country became wealthy because of its trade with spice ilsand?
bt
What trade did the Medici family deal in before they became masters of florence?
banking
Renaissance florence banking and trade?
It became a new opportunity to show other cities and nations what they were good at so trade became very important.
What kingdoms became wealthy from trade after Ghana?
Sahara
What colony became wealthy through the slave trade?
Charleston South Carolina had the largest slave market in the United States. So, they became wealthy by selling slaves.
