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Which European country dominated international commerce in the early seventeenth century?
In the early seventeenth century, the Netherlands dominated international commerce, primarily due to its advanced maritime trade networks and powerful Dutch East India Company. The Dutch were at the forefront of global trade, establishing colonies and trade routes that facilitated the exchange of goods such as spices, textiles, and sugar. Their innovative financial systems, including the use of stock exchanges, further bolstered their economic power, allowing them to outpace other European nations in trade.
Which European country dominated international commerce in the early seven-teeth century?
In the early seventeenth century, the Netherlands emerged as the dominant force in international commerce. The Dutch East India Company, established in 1602, played a crucial role in expanding trade networks and establishing colonial territories in Asia. The country's innovative financial practices, including the establishment of stock exchanges and advanced banking systems, further bolstered its economic power and influence in global trade. This period marked the height of the Dutch Golden Age, characterized by significant advancements in commerce, art, and science.
What effects did the sudden growth in slave trade in the seventeenth century have on conditions in Europe and in Africa?
The sudden growth of the slave trade in the seventeenth century greatly impacted both Europe and Africa. In Europe, it fueled economic expansion, particularly in maritime nations like Portugal, Spain, and England, as profits from the trade contributed to the rise of capitalism and colonial ventures. Meanwhile, in Africa, the trade exacerbated social and political instability, leading to increased warfare and the disruption of communities as local leaders engaged in the capture and sale of enslaved individuals. This also contributed to demographic changes and long-term socio-economic challenges within African societies.
What is trading with the of the world called?
Trading with the rest of the world is commonly referred to as "international trade." This involves the exchange of goods and services between countries, allowing for the import and export of products that may not be available or produced domestically. International trade plays a crucial role in global economic integration and development. It can also involve trade agreements and tariffs that govern how countries interact economically.
When the international slave trade ended and how did the slave trade continue?
Slave families were split up
What effects did the sudden growth of slave trade in the seventeenth century have on conditions in Europe and in the Africa What had African culture been like before the seventeenth century?
The sudden growth of the slave trade in the seventeenth century had negative effects on Africa, as it led to the disruption of societies, loss of labor force, and increased violence. In Europe, it fueled economic growth and contributed to the development of colonial powers. Before the seventeenth century, African culture was diverse and rich, with vibrant trade networks, complex social structures, and varied artistic expressions.
What commodity drove the African slave trade in Brazil and the West Indies in the seventeenth century?
sugar
What helped to increase the slave trade in Africa during the seventh century?
The major growth in the Atlantic slave trade in the seventeenth century was to be driven by the expansion of New World exports to Europe.
Who were the main traders in the Baltic Sea region in the seventeenth century?
from the 13th Century to the 17th Century the Hanseatic League dominated trade in this area. They were a mercantile league of German towns
Why has the seventeenth century been called the golden age of the Dutch Republic?
The Golden Age was a period in Dutch history,17th century,where trade,science, and art were among the most acclaimed in the world.
What are differences between international trade and internal trade?
Internal trade mean within ones country. International trade mean All over the world. There are much to gain by moving international with ones products as the market will be a lot greater. Regards.
What prohibits trade or products made from threatened or endangered species?
CITES - the Convention on International Trade in Endangered Species.
What are the differences between internal trade and international trade?
Internal trade mean within ones country. International trade mean All over the world. There are much to gain by moving international with ones products as the market will be a lot greater. Regards.
How did the colonists particpate in international and imperial trade?
The colonists participated in International and Imperial trade by bringing cotton, cotton products and glass to trade with other countries for items that were needed in their homes. Later, the colonists introduced International entities to chocolate and tobacco.
What economic theory from the seventeenth century has as its core idea that a country must gain wealth by increasing exports taxing imports regulating production and trade and exploiting colonies?
rebirth
What does PPAI stand for?
PPAI is the abbreviation for the Promotional Products Association International. This is a trade organization for both suppliers and distributors of promotional products.
How did capitalist policies differ from mercantilist policies in 18th- and 19th-century Europe?
Under capitalism, merchants were able to conduct unrestricted international trade. Under mercantilism, international trade was restricted.
