History The Dutch East India Company Questions
The major social and economic reforms within the Dutch East India Company included the establishment of a hierarchical system of governance, the introduction of a standardized legal system, the implementation of strict regulations on trade and commerce, the development of a network of trading posts and colonies, and the promotion of religious tolerance and cultural assimilation. Additionally, the company introduced innovative financial practices such as joint-stock ownership and the issuance of shares, which revolutionized the concept of corporate governance and investment. These reforms played a crucial role in the company's success and its dominance in the global trade during the 17th and 18th centuries.