"The country of Banda is the only one in the world that produces nutmeg and mace. Therefore, we must secure this monopoly by building fortresses and preventing any other nation, especially the English, from trading with the inhabitants."
—Instruction from the directors of the Dutch East India Company to its officers in Asia, 1612
The instructions in the passage best illustrate which of the following goals of early modern maritime empires?
- AThe adoption of free-market policies to encourage unrestricted global competition
- BThe facilitation of the Columbian Exchange of crops between Europe and the Americas
- The establishment of commercial monopolies to control profitable trade networksAnswer
- DThe transition to factory-based industrial manufacturing to produce consumer goods
Answer
The establishment of commercial monopolies to control profitable trade networks
The correct answer is correct because the instructions explicitly state the company's goal to secure a monopoly on nutmeg and mace, which was a standard mercantilist strategy used by maritime empires to control trade networks and exclude competitors.
Step-by-Step Solution
Key Concept
Maritime empires maintained and developed their power through mercantilist policies, including the use of joint-stock companies to secure monopolies over valuable trade goods.
Estimated Time:45s