| | The '''Netherlands''' (''Dutch: Nederland'') is a country in [[Europe]]. It is bordered by [[Belgium]] and [[Germany]], and has a total population of approximately 16 million (2007). Its system of government is constitutional monarchy. The country is often referred to as "Holland", this was originally the name of two densely populated provinces of the country (North-Holland and South-Holland), the cities of [[Amsterdam]], [[Rotterdam]] and [[The Hague]] all lie in these provinces that have always been the most influential regions in the Netherlands, leading to the point where foreigners would equate Holland with the Netherlands. | | The '''Netherlands''' (''Dutch: Nederland'') is a country in [[Europe]]. It is bordered by [[Belgium]] and [[Germany]], and has a total population of approximately 16 million (2007). Its system of government is constitutional monarchy. The country is often referred to as "Holland", this was originally the name of two densely populated provinces of the country (North-Holland and South-Holland), the cities of [[Amsterdam]], [[Rotterdam]] and [[The Hague]] all lie in these provinces that have always been the most influential regions in the Netherlands, leading to the point where foreigners would equate Holland with the Netherlands. |
| | [[Eindhoven]] is the location of the giant electronics corporation, Philips (full name: Koninklijke Philips Electronics N.V.), with annual revenue equivalent to about $40 billion. (The U.S. corporation [[General Electric]] has revenues of about $150 billion, but much of it is from non-electronics businesses). The Netherlands is also the home of the Anglo-Dutch oil company Shell, whose full name is ''Royal Dutch Shell'' or ''Koninklijke Nederlandse Shell''. Other well known Dutch or partly Dutch multinationals are ''Unilever'', a compay owing many household brands, ''ING Group'', a banking group, ''Ahold'', an international chain of supermarkets, ''Reed Elsevier'', a publishing house, ''Nielsen Company'', owner of the [[Yellow Pages]], and ''Randstad Holding'', a company providing ''human resource services''. The famous ''Dutch East India Company'', known in Dutch as ''Vereenigde Oostindische Compagnie'' or VOC, which dominated trade in with South-East Asia in the 17th century, is regarded as the first multinational in history. | | [[Eindhoven]] is the location of the giant electronics corporation, Philips (full name: Koninklijke Philips Electronics N.V.), with annual revenue equivalent to about $40 billion. (The U.S. corporation [[General Electric]] has revenues of about $150 billion, but much of it is from non-electronics businesses). The Netherlands is also the home of the Anglo-Dutch oil company Shell, whose full name is ''Royal Dutch Shell'' or ''Koninklijke Nederlandse Shell''. Other well known Dutch or partly Dutch multinationals are ''Unilever'', a compay owing many household brands, ''ING Group'', a banking group, ''Ahold'', an international chain of supermarkets, ''Reed Elsevier'', a publishing house, ''Nielsen Company'', owner of the [[Yellow Pages]], and ''Randstad Holding'', a company providing ''human resource services''. The famous ''Dutch East India Company'', known in Dutch as ''Vereenigde Oostindische Compagnie'' or VOC, which dominated trade in with South-East Asia in the 17th century, is regarded as the first multinational in history. |
| − | The Netherlands has long been famous for its production of flowers, and also for a related economic event, the "tulip mania" of 1636-1637. A classic example of a "bubble," [[tulip]]s were traded on stock exchanges, and bid up to fantastic prices by people who understood that the prices were crazy but hoped to sell at a profit to even crazier investors. Many people mortgaged their homes for a single tulip bulb and in one case an entire brewery was exchanged for few bulbs. As with all bubbles, when bidding began to lag people tried to sell and the bubble burst with disastrous consequences. Since then the Dutch have been renowned for their carefulness with money and have established a significant presence in the banking and financial sectors. | + | The Netherlands has long been famous for its production of flowers, and also for a related economic event, the "tulip mania" of 1636-1637. A classic example of a "bubble," [[tulip]]s were traded on stock exchanges, and bid up to fantastic prices by people who understood that the prices were crazy but hoped to sell at a profit to even crazier investors. Many people mortgaged their homes for a single tulip bulb and in one case an entire brewery was exchanged for a few bulbs. As with all bubbles, when bidding began to lag people tried to sell and the bubble burst with disastrous consequences. Since then the Dutch have been renowned for their carefulness with money and have established a significant presence in the banking and financial sectors. |
| | The Netherlands is also famous for its low-crime rate (although comparable to other western European nations) and [[libertarian]] legislation. Examples are licensed prostitution in designated areas of major cities, such as Amsterdam's Red Light District, the legal soft [[drugs]] sold in the country's many coffee shops, [[abortion]] rights, [[same-sex marriage]]s and [[euthanasia]]. | | The Netherlands is also famous for its low-crime rate (although comparable to other western European nations) and [[libertarian]] legislation. Examples are licensed prostitution in designated areas of major cities, such as Amsterdam's Red Light District, the legal soft [[drugs]] sold in the country's many coffee shops, [[abortion]] rights, [[same-sex marriage]]s and [[euthanasia]]. |