The Dutch East India Company was a powerful trading company established in the early modern period by the Netherlands. It aimed to monopolize trade with Asia, particularly in spices, and had its own military and political power.
Related terms
Mercantilism: An economic system during the early modern period where countries sought to increase their wealth through exporting more than they imported.
Monopoly: When one company or group has exclusive control over a product or service.
Colonization: The process of establishing settlements and exerting political control over another country or region.