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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During 1600-1750‚ the explorers from the countries of Europe continue to explore for new countries to populate and riches to export back to their country. Some of the reasons the Europeans felt enhanced to the natives they came upon were their superior technology and different religious beliefs. The civilizations of Asia and the Middle East remained within their natural boundaries because the leaders of Japan‚ China‚ India and the Middle East were comfortable within their countries. New ideas exchanged
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reasons for European exploration. As Europes demand for Eastern goods grew Europeans began to search for new trading routes to reduce the expenses. Another reason for exploration was the arrival of Marco Polo. When he returned from China‚ he came back with stories of the East. In addition‚ each empire wanted to expand its empire and acquire colonies and gold in order to fulfill the imperialism principle‚ which stated that a strong empire must have the most bullion or silver. Moreover‚ Europeans also set
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Analyze the effects of European exploration and expansion on both Europe and the peoples they came into contact with. Some may say the European exploration and expansion only affected Europe in a beneficial way. However‚ the Columbian Exchange introduced the new animals and plants to both sides‚ changing the staple of European people and the lifestyle of the Americans‚ the slave trade brought the black slaves to America where they later settled down when some of the African states met their destruction
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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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Cause & Effect European Exploration Essay Throughout history‚ people have been curious about finding new land and exploring. Many different factors stirred interest in colonization and exploration for Europeans. During the 15th and 17th centuries Europe was changing rapidly and had its own reasons for growth. All of Europe had the excitement and hesitation of finding new places. There were many reasons for Europe to grow and expand‚ some of the causes for Europe’s expansion were; a search
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1400 European exploration and expansion In the early 1400’s Europe began to expand. This meant that private investors and other governments had to help finance them. This was to create a larger market. The country of Portugal’s need of natural resources became the first reason for European exploration. They were the first country to send out voyagers to the new waters in search of new lands. Portugal did not have sufficient lands to grow crops and was one of the poorer countries in Europe so
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early expansion and exploration of many Europeans made a huge impact on both Europe and the Americas in the age of naval advancement and the surge of conquests from across the sea. (pg. 359-360) Many western cultures in Europe had the desire and fantasy of the exotic external world they had yet to understand and know. (pg. 361) This desire‚ along with material‚ religious‚ and competitive motives‚ is what drew naval advancement and the will to expand and travel among various European countries. (pg. 360-361)
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the age of exploration; this is because during this time frame many explorers from Europe were racing to examine the Americas. Some explorers wanted to journey to the Americas‚ just to explore‚ and gain knowledge and glory‚ but to do that they needed financial backing and with the royalty’s money came the political agenda. First‚ Spain sent crews to examine the newly found lands. Soon after‚ England and France followed. While their timing may have been different‚ the goals of the European powers were
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European Explorations European exploration was promoted by factors economic‚ technologic‚ political‚ and religious in different ways. The Treaty of Lodi and the invasion in Italy was a political factor. Portugal’s quest to China and the Spice Islands was an economic factor. New weaponry and sailing aide that was being created was a technological factor. A religious factor was the insistence to Christianize the people. All these factors were promoted from about 1450 to about 1525. The Treaty
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