Age of Exploration
During the Age of Exploration, trade was very important because it caused the triangular trade. The continent Europe (mainly the countries Spain and Portugal) changed the economy of Europe in the Age of Exploration.
Spain changed the economy when Christopher Columbus was set to find Asia going west of the Atlantic. Instead of finding Asia, Columbus found a new land, known as the United States of America. Columbus finding the U.S. changed the economy because, he found new land. When Columbus was there, he saw taino that looked like Indies, so he called them Indians. The spanish also changed the economy by bringing over crops such as sweet potatoes and pineapples in the U.S, once Columbus proved that there was a new land. In
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Capitalism made merchants very wealthy, because they traded with so many places around the world. Market economy was when a buyer really wanted something, the seller would increase the price so they could get more money. Cottage industries were the closest thing they had to factories and it was where merchants would make there own items from raw materials and sell them. Mercantilism was an economic system that Europeans used to gain power for their mother country. Europeans traveled around the world to make colonies trade with the mother country, which had an effect on the economy. The colonies only existed because they have to serve the mother country. They tried to reduce the price of what they were buying and increase the price of what they were selling so they could increase their wealth, or they would get raw materials and make manufactured goods to sell for a high price. Triangular trade was when the Americas, Europe, and Africa traded and it formed a Triangle. Americas would trade raw materials, such as lumber and cotton for shirts, furniture, and manufactured goods. When Africa traded with Europe, they would trade gold and iron and when the Americas traded with Africa, they would trade raw materials for
The Columbian Exchange shaped the Atlantic World. The Columbian Exchange was the start of connection and communication between the two hemispheres of the world through trade from both sides of people, crops, cultures, ideas, diseases, and cattle. The Columbian Exchange started when Christopher Columbus and his crew made land in the Americas. This exchange specifically benefitted Europe the most. Europe benefitted the most because of the new crops that were introduced to them such as maize (corn), potatoes, and tobacco to name a few.
Did you know that the Age of Exploration was one of the most important times in the history of world geography? Without explorers, the world would not be as developed as it is right now, which is why explorers should be celebrated and glorified in modern times. Explorers were great navigators, they developed technology for travelling, they have also spread, introduced, and traded food, animals, and resources as well as hugely contributed to the growth of capitalism. During the Age of Exploration, technology for travelling was not developed, but explorers were great navigators and came up with genius ideas to find their way through places.
This caused settlements to be established in North America and colonies to be formed. The Thirteen British Colonies, which would later to become America, fell under Britain’s concept of mercantilism. This policy had their colonies produce for their original country, in this case Britain, and to support their country’s economy (Warren). The Columbian Exchange eventually evolved into what is commonly known as the Triangular Trade. The Triangular Trade involved exporting textiles, rum, and other goods from Europe to Africa, slaves from Africa to the Colonies, and cotton, sugar, and tobacco from the Colonies to Europe (Bradstreet).
1. Since the beginning of time people have engaged in trade because of the vast resources other countries and people have to offer. As everyone can see in the first class lecture, people have been trading before the discovery of Columbus. Countries like Mesopotamia, India, and China were trading long before Columbus discovered the “new world”. At the time trade was mostly focused in the Mediterranean and Indian Ocean where most of these great nation were located.
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.
The Columbian Exchange was a world-wide transfer of goods, livestock, disease, ideas, and technology between the Americas and the Old World during the 1500s and the 1600s. The Columbian Exchange first began when Christopher Columbus landed in the Bahamas in 1492. The Columbian Exchange brought long lasting effects on both the Americas and the Old World. First, the Columbian Exchange brought change in economies along with its livestock and goods.
Beginning from the joint-stock companies and the charter in the 1600s to the formation of the thirteen colonies in the mid- 1700s, the colonists transferred English liberty, law, and culture to the colonies. Although the purpose of the colonies was to provide raw materials for goods for the profit of England, the colonies practiced self government and created a new foundation of American identity within the different regions. The North American colonies differed socially and economically but were unified in political aspects. The people's incentives caused social divergence within the three regions of the colonies.
Economic Effects of the Columbian Exchange Inflation of cash-crops, slavery and silver resulting from the Columbian Exchange caused a drastic effect on the global economy. Cash-crops forged new trade routes across continents, slavery supported New World exports, and silver caused power shifts in the world 's distribution of wealth. As Spanish expeditions to the New World increased in size and purpose, the economic effects on the rest of the world spread with equal vigor. The triangular trade circulated commodities between Europe, Africa, and the Americas. From Europe some commodities were distributed throughout Asia.
Columbus' discoveries opened up opportunities for growth in wealth and power for Spain. . Rulers paid explorers like Columbus to go on trips and other new things. Although Columbus was unable to find his meant destination, he was one of the first to discover the Americas and Spain made money from his discovery. The Columbian Exchange was the beginning of what would later become a growing triangle of trade between the Western and Eastern. The Columbian Exchange was just the beginning of the spread of valuable supplies and culture between Europe and the
The Age of Exploration was more harmful to the world because harmful goods were exchanged and a new class structure was formed based on race. The Age of Exploration was as series of voyages and expeditions made by Europeans to link Europe to the global trade and wealth of the east. The Age of Exploration started in the 15th century and ended in the 17th century. The Europeans wanted to explore for money. They wanted gain wealth and fame.
Labor systems have been the foundation for civilizations since the beginning of time. Who did what and how they benefited each other, in other words, specialization of labor, came to be a defining factor in whether a society was truly a civilization or not. Most great civilizations were founded on agricultural labor systems, and societies with no systematic format on their workforce were seldom able to take the main stage in world history. Between 1450 and 1750, the Americas began to mark their place in the world, proving they were just as relevant as Europe, Africa, or Asia. The labor systems established during 1450-1750 were key factors in how they were able to do so.
Christopher Columbus would never have had in mind that his expedition into the new world would have such an enormous impact on the world as it did. The main goal of the trip was to find a faster route to Asia, and avoid Muslim blockades. Like any traveler, you absorb everything you discover in the new places you visit; but you also leave a trail behind you, impacting the natives weather you notice or not. Columbus went out in search of a better trade route, but he discovered something even better, a New World. As time went on, other travelers started to embark and colonize the new world in the name of their country.
Immigrants played an important role in this expansion of trade, as many of them came to the United States specifically to take advantage of the opportunities offered by the
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.
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.