Question

• Dutch East India Company was also the first company to ............ It was the first company

which was given power to engage itself in colonial activities including waging a war and execute the convicts,
mint the coins and establish the colonies

Answer 1

The Dutch East India Company was granted powers by the Dutch government to engage in colonial activities such as establishing colonies, waging war, and negotiating treaties. It also had judicial powers and was allowed to imprison and execute convicts. The company used these powers to amass great wealth from the spice trade and establish trading posts and colonies in various parts of the world.

Step-by-step explanation:

The Dutch East India Company (DEIC) was the first multinational company and possessed quasi-governmental powers. It was granted the power by the Dutch government to engage in colonial activities, including establishing colonies, waging war, negotiating treaties, minting coins, and imprisoning and executing convicts. The DEIC used these powers to establish trading posts and colonies in modern-day Indonesia and South Africa, and to control parts of Brazil's sugar trade, West African slave ports, and Caribbean trade.