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The economic history of the Netherlands (1500–1815) covers the Netherlands as the Habsburg Netherlands, through the era of the Dutch Republic, the Batavian Republic and the Kingdom of Holland. After becoming de facto independent from the empire of Philip II of Spain around 1585 the country experienced almost a century of explosive economic ...
As a result, the financial power of the states rapidly grew, and it was possible to improve the army vastly, both qualitatively, and quantitatively, within a short space of time. The army increased from 20,000 men in 1588 to 32,000 by 1595, and its artillery, methods of transportation, and training were transformed.
The Netherlands was one of the richest places in the world. The population reached 3 million in 1560, with 25 cities of 10,000 people or more, by far the largest urban presence in Europe; with the trading and financial center of Antwerp being especially important (population 100,000).
The Economy of the Netherlands up to the Sixteenth Century. In many respects the seventeenth-century Dutch Republic inherited the economic successes of the Burgundian and Habsburg Netherlands. For centuries, Flanders and to a lesser extent Brabant had been at the forefront of the medieval European economy.
Formed in 1579, by 1650 the Republic was dominating European trade and had developed an impressive overseas empire, outshining that of the Portuguese and rivalling that of the Spanish. Dutch merchants grew rich on the proceeds of trade and the profits from home industries.
The start of the Eighty Years' War (1568 - 1648), the cradle of the (Northern) Netherlands as a brand new state. The Eighty Years' War had far-reaching consequences for both North and South. Just a few figures to illustrate the impact on the population.
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Jun 16, 2003 · world. This small region, the western part of the present-day Nether- lands, had become a flourishing centre of trade, industry, and finance, and. held a dominant position in the world economy. This has aroused con- siderable speculation about the way in which this region came to hold such. aa powerful position.
