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By the end of this section, you will be able to:
  • Compare and contrast the development and character of the French and Dutch colonies in North America
  • Discuss the economies of the French and Dutch colonies in North America

Seventeenth-century French and Dutch colonies in North America were modest in comparison to Spain’s colossal global empire. New France and New Netherland remained small commercial operations focused on the fur trade and did not attract an influx of migrants. The Dutch in New Netherland confined their operations to Manhattan Island, Long Island, the Hudson River Valley, and what later became New Jersey. Dutch trade goods circulated widely among the native peoples in these areas and also traveled well into the interior of the continent along preexisting native trade routes. French habitants , or farmer-settlers, eked out an existence along the St. Lawrence River. French fur traders and missionaries, however, ranged far into the interior of North America, exploring the Great Lakes region and the Mississippi River. These pioneers gave France somewhat inflated imperial claims to lands that nonetheless remained firmly under the dominion of native peoples.

Fur trading in new netherland

The Dutch Republic emerged as a major commercial center in the 1600s. Its fleets plied the waters of the Atlantic, while other Dutch ships sailed to the Far East, returning with prized spices like pepper to be sold in the bustling ports at home, especially Amsterdam. In North America, Dutch traders established themselves first on Manhattan Island.

One of the Dutch directors-general of the North American settlement, Peter Stuyvesant, served from 1647 to 1664 and expanded the fledgling outpost of New Netherland east to present-day Long Island and for many miles north along the Hudson River. The resulting elongated colony served primarily as a fur-trading post, with the powerful Dutch West India Company controlling all commerce. Fort Amsterdam, on the southern tip of Manhattan Island, defended the growing city of New Amsterdam. In 1655, Stuyvesant took over the small outpost of New Sweden along the banks of the Delaware River in present-day New Jersey, Pennsylvania, and Delaware. He also defended New Amsterdam from Indian attacks by ordering African slaves to build a protective wall on the city’s northeastern border, giving present-day Wall Street its name ( [link] ).

The Castello Plan shows New Amsterdam as a small settlement of buildings and fields divided by roads or paths. A fort can be seen near the tip of the peninsula. On the right side of the colony, a line with spikes indicates the wall that protects the colony to the northeast; its other three sides are protected by water.
The Castello Plan is the only extant map of 1660 New Amsterdam (present-day New York City). The line with spikes on the right side of the colony is the northeastern wall for which Wall Street was named.

New Netherland failed to attract many Dutch colonists; by 1664, only nine thousand people were living there. Conflict with native peoples, as well as dissatisfaction with the Dutch West India Company’s trading practices, made the Dutch outpost an undesirable place for many migrants. The small size of the population meant a severe labor shortage, and to complete the arduous tasks of early settlement, the Dutch West India Company imported some 450 African slaves between 1626 and 1664. (The company had involved itself heavily in the slave trade and in 1637 captured Elmina, the slave-trading post on the west coast of Africa, from the Portuguese.) The shortage of labor also meant that New Netherland welcomed non-Dutch immigrants, including Protestants from Germany, Sweden, Denmark, and England, and embraced a degree of religious tolerance, allowing Jewish immigrants to become residents beginning in the 1650s. Thus, a wide variety of people lived in New Netherland from the start. Indeed, one observer claimed eighteen different languages could be heard on the streets of New Amsterdam. As new settlers arrived, the colony of New Netherland stretched farther to the north and the west ( [link] ).

Questions & Answers

Ayele, K., 2003. Introductory Economics, 3rd ed., Addis Ababa.
Widad Reply
can you send the book attached ?
Ariel
?
Ariel
What is economics
Widad Reply
the study of how humans make choices under conditions of scarcity
AI-Robot
U(x,y) = (x×y)1/2 find mu of x for y
Desalegn Reply
U(x,y) = (x×y)1/2 find mu of x for y
Desalegn
what is ecnomics
Jan Reply
this is the study of how the society manages it's scarce resources
Belonwu
what is macroeconomic
John Reply
macroeconomic is the branch of economics which studies actions, scale, activities and behaviour of the aggregate economy as a whole.
husaini
etc
husaini
difference between firm and industry
husaini Reply
what's the difference between a firm and an industry
Abdul
firm is the unit which transform inputs to output where as industry contain combination of firms with similar production 😅😅
Abdulraufu
Suppose the demand function that a firm faces shifted from Qd  120 3P to Qd  90  3P and the supply function has shifted from QS  20  2P to QS 10  2P . a) Find the effect of this change on price and quantity. b) Which of the changes in demand and supply is higher?
Toofiq Reply
explain standard reason why economic is a science
innocent Reply
factors influencing supply
Petrus Reply
what is economic.
Milan Reply
scares means__________________ends resources. unlimited
Jan
economics is a science that studies human behaviour as a relationship b/w ends and scares means which have alternative uses
Jan
calculate the profit maximizing for demand and supply
Zarshad Reply
Why qualify 28 supplies
Milan
what are explicit costs
Nomsa Reply
out-of-pocket costs for a firm, for example, payments for wages and salaries, rent, or materials
AI-Robot
concepts of supply in microeconomics
David Reply
economic overview notes
Amahle Reply
identify a demand and a supply curve
Salome Reply
i don't know
Parul
there's a difference
Aryan
Demand curve shows that how supply and others conditions affect on demand of a particular thing and what percent demand increase whith increase of supply of goods
Israr
Hi Sir please how do u calculate Cross elastic demand and income elastic demand?
Abari
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Source:  OpenStax, U.s. history. OpenStax CNX. Jan 12, 2015 Download for free at http://legacy.cnx.org/content/col11740/1.3
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