The Dutch East India Company Coffee Trade By all accounts, the Dutch were late to the budding trade network that was the Indian Ocean region. They arrived when much of the region was dominated by other European regimes. However, the Dutch managed to carve out a valuable niche for themselves in the coffee trade. This was important because the Dutch had also been in relatively crippling debt due to attempts to secure Belgium’s place in the Dutch kingdom during the 18th century. The coffee trade, particularly in Java, allowed the Dutch to become completely self-reliant financially by 1876.
These many decades of prosperous trade has allowed Singapore to become exceptionally wealthy and, currently, a haven for foreigners. This influx of foreigners has put strain on the native population of Singapore as they feel that the foreigners are stripping away the ethnic identity of Singapore. This lack of identity has been prevalent at a lower level for quite some time and has plagued Singapore, and how the nation has formed, since its days as a colony. In addition, Singapore has also been largely affected by their tumultuous political landscape, namely the Peopl... ... middle of paper ... ...ngapore separated from the Malaysian Federation in 1965, Malaysia tried to ice out Singapore from trade. Malaysia believed by doing this Singapore would fail as a country and Malaysia would be better able to control the economy of Singapore.
The decision to trade opium led to the colonization of China. Dutch East Indies Due to Spanish influences, the Dutch were restricted to being a middleman in the spice trade. However, during the late 14th century the Dutch gained independence after the Dutch Revolt. The now independent Dutch planned to boost their country’s wealth by creating a powerful monopoly trade around Maluku. They Dutch planned to do what the Portuguese and Spanish did for the past 75 years, grow and harvest spices in the rich fertile soil of Indonesia and sell them to other European countries for a large profit.
Highly sophisticated markets allowed for the discovery of other products such as ivory, spices, textiles and precious metals . Colonialism is evident in the Indian Ocean region as the Europeans exploited not only the land, but also the people subsequently the rebirth of a slave trade. Since the Portuguese did not have the manpower to gather their available exports, the reliance on slaves was vital in order to achieve their economic goals . European navigators also recognized the risk, but understood the reward of participating in the Indian Ocean trade network. The Dutch sent their first expedition in 1595 closely followed by the British.
Western literature in the 20th century was well known in rural areas in Asia, but there were still traditionalists who worked on Western art showing Chinese culture. After World War I, Western literature was also transformed into Chinese matters. Economically, Africa paid a large price for British colonial rule because it lost its economic independence. France took control of the largest part of West Africa and in no time Africans became dependent on European textiles. Another reason why Africans suffered from European Imperialism is they were enslaved.
Spices at the time were very expensive. Kate Humble’s video states that a sack of nutmeg can get you a house in London (www.youtube.com ) cloves were also very important and well valued spice. These spices were said to represent social status when used or put around the neck. During the Dutch occupation, the VOC (which was also the world’s largest trading center at the time) also burnt the spices to keep prices high so that demand are greater than supply. This forces the locals to double their work efforts to earn a
In the early 19th century, the British East India Company established more trade warehouses and thoroughfares in the Indian subcontinent. This occupation of Indian lands that was welcomed by some groups and fiercely opposed by others. While met by more opposition, the British Empire expanded into the other Indian Ocean territories up to the end of the century. Because the trans-Atlantic slave trade was profitable for African elites and brought western many valuable goods to West Africa, when it was effectively shut down after 1808 by British patrols, people along this coast were eager to keep the European trade lines alive. The imposition of this “legitimate trade” (any non-slave trade) saw a huge rise of African export of gold and palm oil.
In various attempts to restore balance to the region, many treaties were signed. These were uneasy times for diplomatic relations, in addition to the English there were also issues with France & Spain. The return of Orange: The Republic under William III (1672-1702), after what will go down in history as the “Disaster year” (1672). Ending the stadholderless period, William III was able to revive the nation, sometimes by pissing a lot of people off but nonetheless he was able to pull the Netherlands from the brink of dismay. The Economy in the Golden Age, in this section, the true extent of the label of “Golden Age” is explained.
But, the Spanish empire did leave the New World with some good. The empire resulted in mixing cultures, religions, and even beliefs among all of the different groups of people that were together during this time and if you look at today’s society many of the people in the Americas would not be here without the Spanish empire. Many are said to be mixed the indigenous people as well as the Africans. But not only did the Spanish Empire bring different cultures together but it set the bases of international trade by providing new trade routes throughout the ocean.
Since India was put under imperialism, a great deal of things changed, some for the good, mostly though for the bad. Between 1640 and 1949, India was ruled by two periods of imperialism, both of which effected India in a very profound and permanent manner. The first period of European control was between 1740 and 1858. During this period the British East India Company controlled the Indian sub-continent under the guise of economic imperialism, when in fact the manipulation of Indian affairs was much more political than let on. When it was founded in 1600 by Queen Elizabeth I, the East India Company's main purpose was "to break into the Indonesian spice trade which was dominated by the Dutch."