Practice Quiz

Praxis II Citizenship

Category - World History

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The first multinational corporation began in what country?
  1. Spain
  2. China
  3. England
  4. The Netherlands
Explanation
Answer: D - The first multinational corporation was the Dutch East India Company, which was based in the Netherlands. It was also the first company to issue stock. Founded in 1602, the company engaged in trade in various Asian markets, where they achieved monopolies on several products, including nutmeg and cinnamon. After nearly a century on top of the global marketplace, the company collapsed under the weight of corruption and increasing competition.
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