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Sagot :
The Dutch and Flemish had become experts in textile production and trade with the Portuguese.
How did the Portuguese make a fortune trading in the early sixteenth century?
The Portuguese discovered that they could make significant amounts of gold by transporting slaves from one trading post to another along Africa's Atlantic coast: Muslim merchants had a high demand for slaves, which were used as porters on trans-Saharan routes and for sale in the Islamic Empire.
Using a favorable agricultural base, the Dutch achieved success in the fishing industry as well as the Baltic and North Sea carrying trade during the fifteenth and sixteenth centuries before establishing a vast maritime empire in the seventeenth.
The Dutch Empire aided in the establishment of a global trade market, introduced Europeans to many luxuries from the East such as spices and tea, enriched their trading partners, and pioneered the stock market. At the same time, it exploited and oppressed the indigenous peoples in the lands it conquered.
To learn more about the Dutch and Flemish trade refer:
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