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The Economics of Netherlands

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The economics of the nation of Netherlands is wrapped extremely tightly in history of the nation, especially during the Golden Age, which happened in the 17th century. In the History portion of this article, you can find out about the reasoning for the extreme growth for trade. Many experts claim that the Netherlands was the first capitalist nation in the world. Two major companies were founded in the 17th century that led to a amazing time for the economy of the Netherlands: the Dutch East India Trading Company and the Dutch West India Trading Company. Because of the prosperity of these two companies, along with many more, Netherlands was able to venture out into the world more with their increased affluence to start new nations and start up additional trading areas. Netherlands was actually the first nation to also start the stock market.

The Dutch nation has continued to enjoy their economic growth throughout history, with only a short time of diminishment around the Second World War while occupied by Germany. The government has continued to step back from their economics and many different industries have flourished. The city of Amsterdam has many research facilities that also add to the growth of the economy, and tourism has continued to grow in the last decade.

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