welthy dutch settlers in New York. Given money and land to set up feudal system.
my answer
New Netherlands
Right.
Your answer is partially correct. The wealthy Dutch settlers who were given money and land to set up a feudal system were indeed part of the Dutch colony known as New Netherlands. However, it is important to note that these wealthy settlers were specifically referred to as patroons.
The Dutch West India Company, a trading entity, established the colony of New Netherlands in the early 17th century. In an effort to attract more settlers and promote agricultural development, the company implemented a system called the patroonship.
Under the patroonship system, individuals or groups of wealthy settlers, known as patroons, were given large land grants along the Hudson River and allowed to set up their own feudal estates. The patroons had control over the land, resources, and labor on their estates. In return, they were expected to bring in a certain number of settlers within a specified period of time and develop the land for trade and agriculture.
The introduction of the patroonship system aimed to encourage the growth of the colony by attracting more settlers and stimulating economic activity. However, the system had mixed results. While some patroons successfully developed their estates and attracted settlers, others struggled to fulfill their obligations, leading to the eventual end of the patroonship system in 1664 when the colony was taken over by the British and became the Province of New York.
So, in summary, the wealthy Dutch settlers who were given money and land to set up a feudal system were part of the Dutch colony of New Netherlands, specifically known as patroons under the patroonship system.