What was the significant about Dutch east India company?

Answer 1

The Dutch East India Company, established in 1602, was significant as it marked the first multinational corporation and the first to issue stocks, setting the foundation for modern capitalism. It played a crucial role in the spice trade and established a vast network of trade routes in Asia, contributing to the Netherlands' economic dominance in the 17th century. Additionally, it was instrumental in colonial expansion, leading to the establishment of Dutch colonies and influencing global trade dynamics.