Trade Knowledge Quotes



England in contrast did not even educate many men in arithmetic and accounting and women not at all with the sexist English culture of the day. English merchants were notorious for selling their business at low prices as they got older unless they had an adult son with an aptitude for the business. The Dutch, with educated women could have a wife run a business if the husband died or was disabled, and allow children to grow up, thus keeping the business in the family, but more important for Holland, keeping the business thriving.


As absurd as it seems to us today, traders were not very high in the English social order. Business itself was not well respected. English governing councils were devoid of anyone who had trade of business experience. Holland, in contrast, perhaps went to the other extreme in that traders and business men dominated to political structure. The Dutch were much more successful in foreign trade relatively than the English.