In the eighteenth century, the principal economic activity of the Netherlands was

Question

Quizplus · Accepted Answer

In the eighteenth century, the Netherlands had already established a strong banking and financial system, which played a significant role in the country's economy. The Amsterdam Stock Exchange was one of the most important financial centers in Europe, and the Dutch East India Company was a major player in the global trade. The country's prosperity relied heavily on these financial activities. While cloth manufacturing and maritime commerce were also important, they were not the principal economic activity of the Netherlands during this period. Tulip cultivation was a significant economic activity during the Dutch Golden Age in the seventeenth century but had declined by the eighteenth century. Grain production was not a major economic activity in the Netherlands due to its limited agricultural land.

In the Eighteenth Century, the Principal Economic Activity of the Netherlands