The States General merged competing Dutch pre-companies into the Verenigde Oostindische Compagnie (VOC) and gave it a monopoly over Dutch trade in a vast area between the Cape of Good Hope and the Strait of Magellan. The charter also delegated powers to make treaties, build forts, appoint officials, maintain armed forces, and wage war. The company therefore operated as a commercial enterprise with state-backed coercive and governmental authority.
Log in to like or bookmark this story.
๐ Bookmark
People in this event
No images or videos for this event yet.
Related Events
What did the 1602 VOC charter grant the company?
๐๐
๐ข
Explanation
The charter joined commercial monopoly with delegated state powers.
The 1602 VOC charter gave the company only ordinary commercial powers.
๐๐
๐ข
Explanation
It also granted powers such as treaty-making, fort-building, and warfare.