1500 as a Turning Points: The Birth of Globalization - Global Organizations: The International Trading Companies

10 important questions on 1500 as a Turning Points: The Birth of Globalization - Global Organizations: The International Trading Companies

What fundamental innovation was essential to the advance of globalization as a process?

Along with technology, plus the essential revolutions in contact routes and through this the new patterns of global trade, food exchange, and disease, organizational capacity offered fundamental innovation essential to the advance of globalization as a process.

What spearheaded most European efforts in global trade after 1500?

It was semi-private companies and not governments themselves that spearheaded most European efforts in global trade after 1500.

What territory did the Dutch East Indies seize?

They seized territory at the southern tip of Africa, importing half a million slaves from Malaysia (and forbidding those who were Muslim from practicing their religion openly) to provide necessary labor.
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What kind of shareholders did the Dutch East India Company have?

Participants, or non-managing partners who invested money in hope of return, and the 76 who both invested and combined to manage the operation.

How did the East India Company acquire a large shipping fleet?

High levels of capital, while at the same time the Dutch government gave it a 21-year monopoly on colonial activities in Asia.

Where dit the Dutch East India Company fleet to?

The Dutch East India Company fleet thus not only moved Indonesian spices back to Europe and to other parts of Asia but also utilized armed force to seize trading facilities and land in Java and other parts of what is now Indonesia.

What did the Dutch outfit do in the 1620s? Why?

In the 1620s the Dutch outfit forcibly expelled a large native population from the Banda Islands, killing many, so that new Dutch plantations could be established operating with slave labor.
The goal was to increase the output of nutmeg and cloves, both valued spices back home, while cutting the costs.

What was further enhanced by increasingly sophisticated management methods and financial techniques?

Size and economic potency plus direct control over production and labor as well as trade, were further enhanced by increasingly sophisticated management methods and financial techniques.

Where did the VOC have trading posts?

The VOC had trading posts not only in Holland and Indonesia, but also Persia, China, India, Taiwan, Thailand, and elsewhere, and it also launched the Dutch colony at the tip of South Africa.

What happened by 1669?

The VOC was the richest private company the world had ever seen, with over 150 merchant ships, 40 warships, 50000 employees, and a private army of 10000 soldiers.
This was international organization on an unprecedented scale, with growing geographical range added to the other innovations in organizational structure, measurably increasing business capacity as a central ingredient in the process of mounting globalization.

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