Changes in the European Economy Due to the voyages of exploration and the colonization in the Americas and all over the world‚ the European economy changed drastically from 1450 to 1700. In Spain inflation lead to economic problems‚ while in the Netherlands‚ the Dutch East India Company flourished their economy‚ and in all of Europe‚ the merchant class grew due to mercantilism. The increase of business and hauls of gold and silver lead to inflation in Spain. Inflation is the decline in the
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Analyze the changes in the European economy from about 1450 to 1700 brought about by the voyages of exploration and colonization. European economy had several changes after the age of discovery. In Spain‚ there was an inflation of the price‚ which declined its economy. In Netherlands‚ they established West and East Indies Company‚ which improved Netherlands’ economy. In Portugal‚ the economy improved because of flow of gold into the Portugal. Spanish explorer found gold mines in Zactecas and
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Between 1450 and 1700‚ attitudes toward the European poor changed dynamically‚ roughly following a three-part cycle. In the late 1400’s‚ the poor were regarded with sympathy and compassion; generous aid from both public and religious institutions was common. By the 16th Century‚ however‚ the poor were treated with suspicion and harsh measures‚ to ensure that they were not becoming lazy‚ using welfare as a substitute for labor. Beginning in the 17th Century‚ the attitudes toward the poor again shifted
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Between the 1450‚ and 1550‚ as the Europeans infiltrated and dominated the Americas‚ this revolutionizing contact altered “the way of life” for the Native Americans. The Spanish empire imbibed the Native American culture and took them under their rule due to the Spaniards advanced weapons and technologies which overpowered the simple defense systems of the Americans. Although the Spaniards opened the American’s eyes to the potential of their lands‚ the Americans were put under slave trade and were
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western Europe and the Caribbean happened throughout the time period of 1440 to 1700. During this time Europeans were moving and settling in the Caribbean and they needed laborers to help tend to land. Which created the atlantic slave trade.This vast trade route expanded across the atlantic and left staples on both the Americas and western Europe. All the trading and interaction with new civilizations led to inflation of european currency‚ spread of foreign diseases‚ and the sharing of crops. Throughout
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Slavery in the 1700’s and 1800’s was crucial to the economy in the southern states and impacted the northern economy as well. The advancement of the cotton industry directly and indirectly influenced slavery in the South. Advancements such as the cotton gin‚ the increase in demand‚ and the increase in available land were some of the major influential changes. The cotton gin was a rather simple invention but it increased the speed at which seeds could be removed from cotton. Due to the increase in
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during ’contact’ had lasting impacts on the First Nations. The notion of wealth‚ the growing dependence on Europeans‚ and Smallpox were all events that had lasting impacts on the First Nations culture even to this day. A large impact on Aboriginal peoples was their growing dependency on European culture. Tobacco was considered a sacred medicine and the First Nations people relied on the Europeans to provide it for them. The First Nations became extrememly dependent on the Europeans for items
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Land Ownership in America During the 1700’s Native Americans in the early 1700’s saw land as a communal matter‚ while European people viewed land as an entity to be possessed and sold. To Native Americans‚ the concept of exchanging currency for land was undiscovered; property was to be used by all peoples of a tribe without tariff. However‚ Europeans had been doing this for a protracted period of time and the idea of boasting a plot of land was commonplace. When the British landed in Maryland
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Compare and Contrast Final Draft “Following the light of the sun‚ we left the Old World.” This was a quote from none other than Christopher Columbus‚ the “first” person who discovered America. This quote sums up the greatest interest of the Europeans of the time. Over the course of history‚ it shows that any two regions have their own similarities and differences. The Americas and East Asia are no exception. Both have their own similarities and differences no matter how you put it. The Americas and East
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Colonisation by European Empires had a Significant Impact on Africa‚ America and Asia. Colonisation by European Empires had a significant impact on Africa‚ America and Asia. In the 16th century the colonisation of these countries brought on powerful and important changes which had a definite impact on the future of their country. These changes proved to have both negative and positive impacts. The colonisation by European Empires had a significant impact on Africa in the 16th century. Before
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