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Question
The Dutch United East India Company was established in ________.
The Dutch United East India Company was established in ________.
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Solution
The correct option is B 1602
The Dutch United East India Company was a multinational corporation was founded in 1602 and lasted till 1799. The Dutch government had granted it a 21-yr monopoly on the spice trade which led to the trade between the company and India. Socio-economic changes in Europe, the shift in power balance and less successful financial management resulted in its slow decline.
The Dutch United East India Company was a multinational corporation was founded in 1602 and lasted till 1799. The Dutch government had granted it a 21-yr monopoly on the spice trade which led to the trade between the company and India. Socio-economic changes in Europe, the shift in power balance and less successful financial management resulted in its slow decline.
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