This Day in History: Dutch East India Company Established (1602)

This Day in History:
Dutch East India Company Established (1602)

Chartered by the parliament of the Netherlands to expand trade and assure close ties between the government and its colonial enterprises in Asia, the Dutch East India Company was the world’s first multinational corporation. It had quasi-governmental powers, including the ability to wage war, and wrested control of the Spice Islands trade from Portugal. However, it was plagued by corruption and insolvency in the late 18th century and was dissolved. What issues contributed to its decline? More…: https://play.google.com/store/apps/details?id=com.tfd.mobile.TfdSearch

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