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Dutch Republic

Definition

The Dutch Republic refers to an independent nation that existed from 1581 to 1795 in what is now known as Netherlands. It became one of Europe's leading states due to its advanced economy and emphasis on trade.

Analogy

Imagine if your local farmers' market suddenly became so successful that it outperformed all other markets in your city. That's kind-of like how Dutch Republic rose to prominence among European nations due to its thriving trade industry.

Related terms

Dutch East India Company: This was one of world’s first multinational corporations established by Dutch Republic; it played significant role in global trade during 17th-18th centuries.

Tulip Mania: An economic bubble occurred within Dutch Republic during mid-17th century where prices for tulip bulbs reached extraordinarily high levels before dramatically collapsing.

Anglo-Dutch Wars: Series of conflicts between Dutch Republic and England during 17th-18th centuries, primarily over trade and naval power.



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© 2024 Fiveable Inc. All rights reserved.

AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.