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Amsterdam Entrepôt
The Amsterdam Entrepôt is the shorthand term that English-language economic historiographers use to refer to the trade system that helped the Dutch Republic achieve primacy in world trade during the 17th century. (The Dutch prefer the term ''stapelmarkt'', which has less currency in the English language.) The entrepôt system In the Middle Ages, local rulers sometimes gave the right to establish staple ports to certain cities. Amsterdam had never received such formal rights (unlike e.g., Dordrecht and Veere), but in practice, the city established a staple-market economy in the 15th and 16th centuries. This economy was not limited to a single commodity, though at first Baltic grain dominated it. It came into being because the economic and technological conditions of the time required a trade-network, based on what is known in economic terms as an Entrepôt, or in other words, a central point (for a given geographic area) where goods are brought together and physica ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Engraving Depicting The Amsterdam Stock Exchange, Built By Hendrik De Keyser C
Engraving is the practice of incising a design onto a hard, usually flat surface by cutting grooves into it with a burin. The result may be a decorated object in itself, as when silver, gold, steel, or glass are engraved, or may provide an intaglio printing plate, of copper or another metal, for printing images on paper as prints or illustrations; these images are also called "engravings". Engraving is one of the oldest and most important techniques in printmaking. Wood engraving is a form of relief printing and is not covered in this article, same with rock engravings like petroglyphs. Engraving was a historically important method of producing images on paper in artistic printmaking, in mapmaking, and also for commercial reproductions and illustrations for books and magazines. It has long been replaced by various photographic processes in its commercial applications and, partly because of the difficulty of learning the technique, is much less common in printmaking, where it ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Natural Monopoly
A natural monopoly is a monopoly in an industry in which high infrastructural costs and other barriers to entry relative to the size of the market give the largest supplier in an industry, often the first supplier in a market, an overwhelming advantage over potential competitors. Specifically, an industry is a natural monopoly if the total cost of one firm, producing the total output, is lower than the total cost of two or more firms producing the entire production. In that case, it is very probable that a company (monopoly) or minimal number of companies (oligopoly) will form, providing all or most relevant products and/or services. This frequently occurs in industries where capital costs predominate, creating large economies of scale about the size of the market; examples include public utilities such as water services, electricity, telecommunications, mail, etc. Natural monopolies were recognized as potential sources of market failure as early as the 19th century; John Stuart M ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Interest Rate
An interest rate is the amount of interest due per period, as a proportion of the amount lent, deposited, or borrowed (called the principal sum). The total interest on an amount lent or borrowed depends on the principal sum, the interest rate, the compounding frequency, and the length of time over which it is lent, deposited, or borrowed. The annual interest rate is the rate over a period of one year. Other interest rates apply over different periods, such as a month or a day, but they are usually annualized. The interest rate has been characterized as "an index of the preference . . . for a dollar of present ncomeover a dollar of future income." The borrower wants, or needs, to have money sooner rather than later, and is willing to pay a fee—the interest rate—for that privilege. Influencing factors Interest rates vary according to: * the government's directives to the central bank to accomplish the government's goals * the currency of the principal sum lent or borrowed * ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Iberian Peninsula
The Iberian Peninsula (), ** * Aragonese and Occitan: ''Peninsula Iberica'' ** ** * french: Péninsule Ibérique * mwl, Península Eibérica * eu, Iberiar penintsula also known as Iberia, is a peninsula in southwestern Europe, defining the westernmost edge of Eurasia. It is principally divided between Spain and Portugal, comprising most of their territory, as well as a small area of Southern France, Andorra, and Gibraltar. With an area of approximately , and a population of roughly 53 million, it is the second largest European peninsula by area, after the Scandinavian Peninsula. Name Greek name The word ''Iberia'' is a noun adapted from the Latin word "Hiberia" originating in the Ancient Greek word Ἰβηρία ('), used by Greek geographers under the rule of the Roman Empire to refer to what is known today in English as the Iberian Peninsula. At that time, the name did not describe a single geographical entity or a distinct population; the same name was us ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fluyt
A fluyt (archaic Dutch: ''fluijt'' "flute"; ) is a Dutch type of sailing vessel originally designed by the shipwrights of Hoorn as a dedicated cargo vessel. Originating in the Dutch Republic in the 16th century, the vessel was designed to facilitate transoceanic delivery with the maximum of space and crew efficiency. Unlike rivals, it was not built for conversion in wartime to a warship, so it was cheaper to build and carried twice the cargo, and could be handled by a smaller crew. Construction by specialized shipyards using new tools made it half the cost of rival ships. These factors combined to sharply lower the cost of transportation for Dutch merchants, giving them a major competitive advantage. The fluyt was a significant factor in the 17th-century rise of the Dutch seaborne empire. In 1670 the Dutch merchant marine totalled 568,000 tons of shipping—about half the European total. Ship design The standard fluyt design minimized or completely eliminated its armaments to max ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sawmill
A sawmill (saw mill, saw-mill) or lumber mill is a facility where logs are cut into lumber. Modern sawmills use a motorized saw to cut logs lengthwise to make long pieces, and crosswise to length depending on standard or custom sizes (dimensional lumber). The "portable" sawmill is of simple operation. The log lies flat on a steel bed, and the motorized saw cuts the log horizontally along the length of the bed, by the operator manually pushing the saw. The most basic kind of sawmill consists of a chainsaw and a customized jig ("Alaskan sawmill"), with similar horizontal operation. Before the invention of the sawmill, boards were made in various manual ways, either rived (split) and planed, hewn, or more often hand sawn by two men with a whipsaw, one above and another in a saw pit below. The earliest known mechanical mill is the Hierapolis sawmill, a Roman water-powered stone mill at Hierapolis, Asia Minor dating back to the 3rd century AD. Other water-powered mills followe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Herring Buss
A herring buss ( nl, Haringbuis) was a type of seagoing fishing vessel, mostly used by Dutch and Flemish herring fishermen in the 15th through early 19th centuries. The buss ship type has a long history. It was already known around the time of the Crusades in the Mediterranean as a cargo vessel (called ''buzza'', ''bucia'' or ''bucius''), and we see it around 1000 AD as a more robust development of the Viking longship in Scandinavia, known as a ''bǘza''. The Dutch ''Buis'' was probably developed from this Scandinavian ship type. The ''Buis'' was first adapted for use as a fishing vessel in the Netherlands, after the invention of gibbing made it possible to preserve herring at sea.De Vries and Van der Woude, p. 244 This made longer voyages feasible, and hence enabled Dutch fishermen to follow the herring shoals far from the coasts. The first herring buss was probably built in Hoorn around 1415. The last one was built in Vlaardingen in 1841. Construction The wooden ship was abou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bulk Cargo
Bulk cargo is commodity cargo that is transported unpackaged in large quantities. Description Bulk cargo refers to material in either liquid or granular, particulate form, as a mass of relatively small solids, such as petroleum/ crude oil, grain, coal, or gravel. This cargo is usually dropped or poured, with a spout or shovel bucket, into a bulk carrier ship's hold, railroad car/ railway wagon, or tanker truck/ trailer/semi-trailer body. Smaller quantities can be boxed (or drummed) and palletised; cargo packaged in this manner is referred to as breakbulk cargo. Bulk cargo is classified as liquid or dry. The Baltic Exchange is based in London and provides a range of indices benchmarking the cost of moving bulk commodities, dry and wet, along popular routes around the seas. Some of these indices are also used to settle Freight Futures, known as FFA's. The most famous of the Baltic indices is the Baltic Dry Indices, commonly called the BDI. This is a derived function ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Scheldt
The Scheldt (french: Escaut ; nl, Schelde ) is a river that flows through northern France, western Belgium, and the southwestern part of Netherlands, the Netherlands, with its mouth at the North Sea. Its name is derived from an adjective corresponding to Old English ' ("shallow"), English language, Modern English ''shoal'', Low German ''schol'', West Frisian language, West Frisian ''skol'', and Swedish language, Swedish (obsolete) ''skäll'' ("thin"). Course The headwaters of the Scheldt are in Gouy, Aisne, Gouy, in the Aisne department of northern France. It flows north through Cambrai and Valenciennes, and enters Belgium near Tournai. Ghent developed at the confluence of the Lys (river), Lys, one of its main tributaries, and the Scheldt, which then turns east. Near Antwerp, the largest city on its banks, the Scheldt flows west into the Netherlands toward the North Sea. Originally there were two branches from that point: the Oosterschelde (Eastern Scheldt); and the Westersc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Calvinism
Calvinism (also called the Reformed Tradition, Reformed Protestantism, Reformed Christianity, or simply Reformed) is a major branch of Protestantism that follows the theological tradition and forms of Christian practice set down by John Calvin and other Reformation-era theologians. It emphasizes the sovereignty of God and the authority of the Bible. Calvinists broke from the Roman Catholic Church in the 16th century. Calvinists differ from Lutherans (another major branch of the Reformation) on the spiritual real presence of Christ in the Lord's Supper, theories of worship, the purpose and meaning of baptism, and the use of God's law for believers, among other points. The label ''Calvinism'' can be misleading, because the religious tradition it denotes has always been diverse, with a wide range of influences rather than a single founder; however, almost all of them drew heavily from the writings of Augustine of Hippo twelve hundred years prior to the Reformation. The na ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fall Of Antwerp (1584–1585)
Autumn, also known as fall in American English and Canadian English, is one of the four temperate seasons on Earth. Outside the tropics, autumn marks the transition from summer to winter, in September (Northern Hemisphere) or March ( Southern Hemisphere). Autumn is the season when the duration of daylight becomes noticeably shorter and the temperature cools considerably. Day length decreases and night length increases as the season progresses until the Winter Solstice in December (Northern Hemisphere) and June (Southern Hemisphere). One of its main features in temperate climates is the striking change in colour for the leaves of deciduous trees as they prepare to shed. Date definitions Some cultures regard the autumnal equinox as "mid-autumn", while others with a longer temperature lag treat the equinox as the start of autumn. In the English-speaking world of high latitude countries, autumn traditionally began with Lammas Day and ended around Hallowe'en, the approximate m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Intermediation
Intermediation involves the "matching" of lenders with savings to borrowers who need money by an agent or third party, such as a bank.''The Theory of Financial Intermediation'' by Franklin Allen and Anthony M. Santomero If this matching is successful, the lender obtains a positive rate of return, the borrower receives a return for risk taking and ship and the er receives a return for making the successful match. If the |
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