Influence of Calvinism on the development of modern economy in the Netherlands in XVI and XVII century

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Student’s Name Instructor’s Name Course Date Abstract Calvinism is a religious movement that influenced the formation of the Dutch State from the Roman Catholic Spanish possession. The emergence of Protestantism orchestrated the separation of the Netherlands states from the Spanish ruling. The Reformed Church’s contribution at the time of the Golden Age of the Netherlands in the 16th and the 17th C were significant. The utilitarianism and beliefs of the Calvinists enabled the establishment of capitalism and usury in Netherlands. Furthermore, they triggered the establishment of accessible and free education to all, unlike the Spanish rule which only considered the aristocrats and the elites in their education system. Social provisions and diversification of religious disciplines were made possible by this movement. This paper provides insight into the contribution Calvinism had in the growth of the economy of Netherlands in 16th and 17th centuries. It addresses the issues on the lanes of religious disciplines, education, social provisions and structure and strengths of the Dutch State. Influence of Calvinism on the Development of Modern Economy in the Netherlands in XVI and XVII Century Introduction From its separation from the Spanish control, the Dutch State has experienced tremendous improvement within its economic sector. Notably, from the 16th to the 17th C marked the country’s Golden Age, which saw the country develop and realize its first modern economic growth. The Reformed Church dominated the country during this period although the Catholics formed the largest percentage of the state. The reforms, as well as beliefs of John Calvin, lead to the

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