Write True or False.
1.
The Dutch East India Company was set up in 1602.
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The Dutch East India Company, called the Verenigde Oostindische Compagnie or VOC in Dutch, was a company whose main purpose was trade, exploration, and colonization throughout the 17th and 18th centuries. It was created in 1602 and lasted until 1800. It is considered to be one of the first and most successful international corporations. At its height, the Dutch East India Company established headquarters in many different countries, had a monopoly over the spice trade and it had semi-governmental powers in that it was able to begin wars, prosecute convicts, negotiate treaties and establish colonies.
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true
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