In 1602, The Dutch Founded the Dutch East India company or VOC . It is considered to be one of the first mega corporation, and was was the first company to sell stock. The company were granted a 20 year monopoly in Dutch trade over the waters between the Cape of Good Hope and the Strait of Magellan. The VOC gradually gained more control of Indonesia as it set up ports in Batavia, Banda, Tidore, Java, and Makasa. The VOC controlled Indonesia indirectly until the eighteenth century, when the private investment company began to decline due to a decrease in profits from trade and the interruption of Indonesian pirates.
The company’s charter expired in 1799, when the Dutch government took direct control of Indonesia. Dutch colonial law generally recognized the natives as Europeans. Some natives even served in the local administration. This involvement fostered loyalty to the Dutch colonial government and promoted a sense of “Dutch-ness” that made them resist the idea of Indonesian independence or self rule.
During the time period, many Indonesians were sent to the Netherlands to pursue higher education where they were exposed to 19th century ideas of liberty, freedom, and self-determination. However, contradictory to the previous statement, the colonial social order was also based on rigid racial and social structures with a Dutch elite living separate but linked to their native subjects. The term "Indonesia" came into use for the geographical location after 1880. In the early 20th century, the Indonesian natives began developing the concept of Indonesia as a separate, self - ruling nation and set the stage for an independence movement.
The company’s charter expired in 1799, when the Dutch government took direct control of Indonesia. Dutch colonial law generally recognized the natives as Europeans. Some natives even served in the local administration. This involvement fostered loyalty to the Dutch colonial government and promoted a sense of “Dutch-ness” that made them resist the idea of Indonesian independence or self rule.
During the time period, many Indonesians were sent to the Netherlands to pursue higher education where they were exposed to 19th century ideas of liberty, freedom, and self-determination. However, contradictory to the previous statement, the colonial social order was also based on rigid racial and social structures with a Dutch elite living separate but linked to their native subjects. The term "Indonesia" came into use for the geographical location after 1880. In the early 20th century, the Indonesian natives began developing the concept of Indonesia as a separate, self - ruling nation and set the stage for an independence movement.