Dutch East India Company

merchants who would borrow money to buy goods, then resell those goods to pay back their loaners. This was known as Mercantile Capitalism, and by the 17th century merchants in the Netherlands and Britain expanded on this by creating joint stock companies. These companies financed bigger trades and spread international trade, but problems occurred when ships either sank, or taken by pirates. However, it wasn’t until the start of Industrial Capitalism that Capitalism took off. It was an economic…

The Boston Tea Party has always been interesting to me. I always used to think of it as something that was comical when told this story in elementary history, with colonists dressing up as Native Americans and throwing tea into Boston Harbor. It never seemed like a serious thing to me until I aged a little and realized the true meaning behind these acts, I feel as though I would’ve been a part of it. The other reason why I picked this site is due to the fact that I’ve always been the type of…

Because of the Seven Years war, the British Government had taken out huge loans from Dutch and British bankers. This caused the national debt to go from 75 million pounds to 133 million pounds ($105,805,000 to $180,587,400). Now Britain had to find a way to pay off of these debts. They decided that the best way is to tax their North American…

Cavan Waldron Mr. Dormer Global 10 20 December 2016 Louis XIV of France Despite questionable decisions, Louis XIV of France is the best example of an absolute monarch in the age of absolutism. Soon after Cardinal Mazarin died Louis XIV gained full power over all of France. During his reign, Louis lived a grand and luxurious life style, filled with expensive jewelry(among other trinkets), servants, and food. His central idea during his reign was to make France the central power of Europe.…

Early European motives for expansion and colonization of the New World sprouted from explorations into the West in search of a better, safer trade route to the Orient. After finding the New World by accident, several different explorers set up settlements in various states such as Virginia, Maryland, Massachusetts, and New Hampshire. Monarchs saw value in the exotic spices and other things, such as fabric and dyes, coming from Asia. But the Muslim occupation of the Eastern trade routes made…

case of the blast furnace, to skip every “intermediary step” that Britain had progressed through in the path to the most modern and efficient version of the technology (Allen, 149). In this sense, Britain put in the bulk of the work and investment into research and development to produce new inventions that led to the Industrial Revolution being British, while other countries could wait and later adapt technology when it suited the conditions imposed by their respective economic climates.…

of England was quick to punish the colonies with the Intolerable Acts. The Intolerable Acts were another main cause for the American Revolution, the Intolerable Acts consisted of The Boston Port Act, closing the port of Boston until the Dutch East India Company had been repaid for the destroyed tea; The Massachusetts Government Act, putting the government of Massachusetts almost entirely under direct British control; The Administration of Justice Act, allowing royal officials to be tried in…

and requested slaves. The first slave’s name was ‘Abraham van Batavia’ and he arrived in 1653. In 1657, there were 10 slaves in the establishment and the population was 144 people. The number of slaves dramatically increased the next year when the Dutch captured seized a Portuguese ship with 500 slaves aboard it. 250 slaves were taken to the cape and a few months later 228 slaves were brought down from Guinea. (Wikipedia/ Wikimedia foundation inc.…

By 1502, the first slave ships had landed in Brazil, and did not stop arriving until 1850, when the transAtlantic exchange of slaves to Brazil was abolished. The Portuguese first colonized Brazil in the year 1500. The native tribes originally occupied the land, but the Portuguese took over and the indigenous people soon became their slaves. The Portuguese first became involved with the African slave trade during the Reconquista of the Iberian Peninsula. In 1494, the ‘Treaty of Tordesillas,’ gave…

Primitive accumulation is the development of capitalist products by a means of precapitalist modes of production. Primitive accumulation of capital was the driving force behind European wealth and power. These precapitalist modes of production, consisted of stealing and slavery, which allowed countries to develop a large quantity of capital production. This accumulation of wealth, allowed some countries to flourish and develop relations between capital and labour. Uruguayan journalist, Eduardo…