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Explain How European Exploration Changed Its Economy

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How European Exploration Changed its Economy Did you know that capitalism as we know it originated from the age of exploration in Europe? Capitalism wasn’t the only thing that happened as a result of the age of exploration. Things like market economy and colonization were developed because of the explorers. The age of exploration jump started the European economy with the introduction of capitalism, market economy, and colonization.
One of the “philosophies” so to speak that came as a result of the age of exploration was capitalism. Capitalism is where people invest in something in order to gain profit later. An example of capitalism in the time was when monarchs like Ferdinand and Isabella (the rulers of Spain) invest and support explorations to gain power and wealth. They did this with Christopher Columbus in 1492 when he sailed to find India. Investing in capitalism is a high risk high reward system meaning, that if you were to put money into an exploration and they sink in the middle of the ocean you lose all of your …show more content…

Colonization in the Americas was greatly beneficial for Europeans economically, it allowed the nation to turn natives into slaves and force them to work on plantations. Sense Europeans brought all kinds of nasty diseases to the Americas the natives began to die. So the Europeans would import West African slaves to replace the dying natives. The colonies then sent goods back to the homeland, this method allowed for a steady life line of goods for the homeland securing an economic foothold.
In conclusion the age of exploration jump started the European economy with the introduction of capitalism, market economy, and colonization. These ideas and principles increased trade not only in Europe but, around the world as well. Those explorations lead to these principles things being developed and shaping the world as we know it

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Document 7 mentions that Europe had to compete with it’s neighbors when voyaging across the globe, and even before they started to expand. This could have motivated European countries to explore faster and beat out other countries. As a whole, Europe had a desire for power, which it could gain by exploring (Document 7). When the Spanish came to Mexico and South America, they spread smallpox. This lead to the death of Huanya Capac, the Incan leader, which in turn set of many wars of succession.

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In the 1500’s and 1600’s, Europe dived into an era of exploration of new trade routes. Exploration carried out by explorers like Cortes, Diaz and Da Gama led Europe into new lands. The main motivations of these explorers were to gather spices and gold. Their countries were infatuated with the spices of Asia and with precious metals. Religion was not the main motivation for European exploration during the 15th and 16th centuries; however, the search for wealth was.

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193 Words | 1 Pages

The Renaissance and Age of Exploration In 1453 Europe had to take risks to get out of the “Dark Ages” and into the Golden Age (Renaissance). In the “Dark Ages” the majority of people were living in hard and poor times. Trying to get into the Golden Age started the Age of Exploration, which was a series of voyages and expeditions the Europeans made to get into the global trade and wealth of the east coast. In document one of the DBQ it says, “With trade routes to the east in hand of the Ottomans, Europeans needed to find new trade routes.” This was one cause of the Europeans wanting to explore new lands.

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The European Age of Exploration had a few causes. One of them being the Ottomans who controlled eastern trade routes and were looking to expand. The Europeans feared the Ottomans so they decided to find, and open new trade routes as said in document 1. The other main reason for exploration is seen in document 3, “...to see the

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The Age of Exploration is what causes Americans to now celebrate Columbus Day. The Age of Exploration inspired Christopher Columbus to sail west to find the Northwest Passage and wealth. Although it is believed that Columbus was not the first to make it to the New World his discovery caused massive change. The Age of Exploration sparked by the desire of more successful trade routes and goods set off the momentous, Colombian Exchange which led to the spread of disease and swop of animals as well as crops. The Age of Exploration was initiated by the Europeans because of their desire for luxury goods from Asia and a faster way of getting them.

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The Age of Exploration was a time of trade and the New World. Although there was trouble the exploration had an impact on the Native Americans, Africans, and the European expansion. New technology and weapons, the Middle Passage and The Columbian Exchange were three major developments that took place. The Age Exploration positively impacted the lives of the people in the colonies. New technology and weapons were all things that made the exploration possible.

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The missionaries in India allowed for Christianity to spread and flourish in the world. Without the search, colonization, and conversion of India, the world we know today would be delayed if not nonexistent. European exploration began during the Middle Ages. During the late 13th century, Italian explorer Marco Polo went on a 25-year overland journey through Mongolia and Japan in search of a route to the Far East for trading textiles and spices. By the mid-14th century, the Ottoman Empire had conquered most of the area between Europe and the Far East, and Arab traders were charging expensive fees for their spices.

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By the end of the 1400s, many European ships left Europe to explore the world. This exploration could have been initiated by various events that occurred previously. Starting with the first event, the Black Death, in the 1300s, which caused the decline of the feudal system and lead to the rise of the Renaissance era, a period of time when people were craving for more knowledge in topics such as philosophy, anatomy, geography, etc. It was throughout this Renaissance period and because of new inventions such as the printing press that could have caused people to want to explore and expand their knowledge about the geography of the earth. But also, it could have been, “[…] the idea of getting richer that originally got the European’s interest

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Europeans were one of the lucky people who benefited from the Age of Exploration. They found new trade routes and made more money off slaves. The Age of Exploration was a good time period for the Europeans. The Asians also benefited from the Age of Exploration. The AsiansAsains also started to make more money from trade and slaves.

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There are economic, cultural, and political are the effects of the industrial revolution and European imperialism on both European nations and their colonies during the time period 1700-1914. European nations gained oversea colonies in North and South America, Africa and Asia. The European nations conquer Africa because they needed raw materials. European-introduced European culture, language, and religion to Africa. The European opened schools in Africa, which teach in the European language and spread Christianity.

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The Age of Exploration occurred from 1400 to 1700 C.E. It is famously known as the Age of Exploration because it was a time when explorers from Europe travelled by sea to explore west of them, and make many geographical advances. Exploration was motivated by gold, glory, and God. Along with their motivation, the Europeans also wanted to find trading partners, new goods, new trade routes, and simply find new land. With exploration, there were many good effects and many bad ones.

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This is one of the many reasons that the Age of Exploration

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European explorers and conquistadors during the age of exploration were motivated by three things: God, gold and glory. The two most prominent of the three between 1492 and 1607 were gold and glory. Beginning in 1492 gold motivated many explorers, from Christopher Columbus’s voyage to the New World to the Virginia Company’s colonization of America. Gold is a symbol for wealth, and many explorers soon realized the New World’s potential for wealth. The Spanish’s interest in wealth inspired Columbus’s expedition in the first place, as he was sent to India to trade for spices.

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786 Words | 4 Pages

Without the ships none of the explorations would have occurred. They had a lot of cause to why to explore and without the technology that made it way easier for them, they wouldn 't have made it so far. The Age of Exploration had a lot of new technologies and ideas growing out of the Renaissance, these included advances in cartography, navigation, and shipbuilding. Around this time Christopher Columbus started exploring.

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Age of Exploration was a period of time from thousands of years ago, during which European ships were traveled around the world searching for trading routes and partners to help Europe. Lands were used to maintain foods and keep them from spoiling. Lands, however, were expensive and dangerous to get. Traders had to travel from a land route from Europe to Asia to get them. Europeans were desperate to get lands from Asia.

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