Dutch economic practices

Definition

Dutch economic practices refer to the various strategies and policies implemented by the Netherlands during its golden age, which allowed it to become a dominant force in international trade. These practices included establishing colonial outposts, promoting free trade, and developing efficient financial systems.

Related terms

Mercantilism: Mercantilism was an economic theory prevalent during this era. It emphasized accumulating wealth through exports while limiting imports.

Global Trade Networks: The Dutch actively participated in global trade networks, establishing colonies and trading posts around the world.

Dutch East India Company: This private company played a significant role in expanding Dutch trade overseas and controlling vital spice trade routes.