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What condition enabled the Dutch East India Company to grow in wealth and power in the region of Southeast Asia

What condition enabled the Dutch East India Company to grow in wealth and power in-example-1
User HeartWare
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Answer:

The correct answer is - A. It was granted a monopoly for trade and political authority by the Dutch government.

Step-by-step explanation:

Dutch East India Company was established by Dutch government as a megacorporation in 1602 to deal with rival English East India Company.

In addition to trading silk and cotton with Mughal India, this Company started to trade spices with South-East Asia. In order to strengthen its position in the region and increase profits, the Dutch government granted the Dutch East India Company a monopoly for trading species in the Netherlands for 21 years. As a result, the company was selling such species as cloves and nutmeg for a price up to 17 times higher than the price it paid for them in Southeast Asia, particularly in Indonesia. While Dutch profits leaped, local Indonesian communities were destroyed.

User Aliyah
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