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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

it is the relatively stable flow of income
Chidubem Reply
what is circular flow of income
Divine Reply
branches of macroeconomics
SHEDRACK Reply
what is Flexible exchang rate?
poudel Reply
is gdp a reliable measurement of wealth
Atega Reply
introduction to econometrics
Husseini Reply
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Tom
Why is unemployment rate never zero at full employment?
Priyanka Reply
bcoz of existence of frictional unemployment in our economy.
Umashankar
what is flexible exchang rate?
poudel
due to existence of the pple with disabilities
Abdulraufu
the demand of a good rises, causing the demand for another good to fall
Rushawn Reply
is it possible to leave every good at the same level
Joseph
I don't think so. because check it, if the demand for chicken increases, people will no longer consume fish like they used to causing a fall in the demand for fish
Anuolu
is not really possible to let the value of a goods to be same at the same time.....
Salome
Suppose the inflation rate is 6%, does it mean that all the goods you purchase will cost 6% more than previous year? Provide with reasoning.
Geetha Reply
Not necessarily. To measure the inflation rate economists normally use an averaged price index of a basket of certain goods. So if you purchase goods included in the basket, you will notice that you pay 6% more, otherwise not necessarily.
Waeth
discus major problems of macroeconomics
Alii Reply
what is the problem of macroeconomics
Yoal
Economic growth Stable prices and low unemployment
Ephraim
explain inflationcause and itis degre
Miresa Reply
what is inflation
Getu
increase in general price levels
WEETO
Good day How do I calculate this question: C= 100+5yd G= 2000 T= 2000 I(planned)=200. Suppose the actual output is 3000. What is the level of planned expenditures at this level of output?
Chisomo Reply
how to calculate actual output?
Chisomo
how to calculate the equilibrium income
Beshir
Criteria for determining money supply
Thapase Reply
who we can define macroeconomics in one line
Muhammad
Aggregate demand
Mohammed
C=k100 +9y and i=k50.calculate the equilibrium level of output
Mercy Reply
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money as unit of account means what?
Kalombe
A unit of account is something that can be used to value goods and services and make calculations
Jim
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Muhammad
I want to know how can we define macroeconomics in one line
Muhammad
it must be .9 or 0.9 no Mpc is greater than 1 Y=100+.9Y+50 Y-.9Y=150 0.1Y/0.1=150/0.1 Y=1500
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Kalombe
hi can someone help me on this question If a negative shocks shifts the IS curve to the left, what type of policy do you suggest so as to stabilize the level of output? discuss your answer using appropriate graph.
Galge Reply
if interest rate is increased this will will reduce the level of income shifting the curve to the left ◀️
Kalombe
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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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