Benefits Of The Age Of Exploration

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The Age of Exploration, occurring in late 1400’s to the early 1600’s brought many new trade goods to Western Europe. Europe made many advances as a society, countries discovered new and exciting things, and trade boomed. The discoveries made in this age led to new connections that changed how Europeans saw the world. Without the Age of Exploration, even America as it is known would never have existed. Explorers went on thrilling, yet often dangerous, voyages, bringing back exotic goods to be later traded. Within this time, goods such as spices, flowers, vegetables and more were traded and adored by the public. (Girard) The people of Europe became obsessed with all of the new items. Nations and individuals alike were willing to pay anything, and fight for anything in order to obtain these new supplies.…show more content…
In cases such as these, market crashes left nations penniless. The classic example of such a spiral was the Dutch Tulip Crash. Tulips were discovered in Turkey and brought back to Holland where they quickly became the new obsession. Prices rose to ridiculously high rates, and risky investments were made, leading to the eventual crash. (Beattie) The Age of Exploration and the obsession it brought drove these countries to risk everything for trade in more than one way, leading to the harm of the people. Despite the long term benefits, the lure of new goods through trade in the Age of Exploration led to the weakening of the nations and markets or had other negative consequences on the daily lives of the
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