Western Civilization I / Unit 16 WC1 1520 short lesson, about 20 seconds
The Dutch as Middlemen and Bankers
Captions available
The idea
During their revolt the Dutch made trade their lifeline, shipping Russian timber, English cloth and German wine as Europe's middlemen and bankers, with formal currency exchange and a stock market in Amsterdam. The Netherlands replaced northern Italy as trade's heart.
In practice
The exchange and bank by name are disclosures.
Where people slip
Rembrandt's golden age lies after sixteen forty-eight, named only as direction.
Your place on the trail
Every lesson rests on earlier ones and opens later ones. Tap any to jump.
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