Ask the Chatbot Games & Quizzes History & Society Science & Tech Biographies Animals & Nature Geography & Travel Arts & Culture ProCon Money Videos

verifiedCite
While every effort has been made to follow citation style rules, there may be some discrepancies. Please refer to the appropriate style manual or other sources if you have any questions.
Select Citation Style

How did the Dutch Republic achieve economic prosperity during its Golden Age?

Written and fact-checked by
The Editors of Encyclopaedia Britannica
Encyclopaedia Britannica's editors oversee subject areas in which they have extensive knowledge, whether from years of experience gained by working on that content or via study for an advanced degree....
The Editors of Encyclopaedia Britannica

The Dutch Republicā€™s economic prosperity was based on its fishing and shipping industries. In addition to its ā€œmother tradesā€ with the Baltic, France, and the Iberian lands, its expanded overseas trades with Africa, Asia, and the East Indies were very lucrative. Amsterdam became a major trading center, and modern banking institutions developed to support expanding trade.