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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Colonization is building a colony in new land‚ but unfortunately‚ as seen in throughout history‚ that definition of colonization was not the case. Colonization was an outlet for the imperial nations to spread their religion‚ their economic beliefs‚ and the rule of monarchy‚ but not to present change necessary by the colonized tribes. It was the power of governing influence of a democracy over a dependent country‚ territory‚ or group of people to exploit them for their land and resources. A noticed
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Exploration and Colonization of the English‚ French‚ and Spanish The basis for exploration to the West‚ starting with the Spanish‚ cam e after the Italians sent Marco Polo to China which in turn created the Silk Road. These other 3 international powers‚ the English‚ French‚ and Spanish‚ needed their own ways to get to the Middle East to obtain those goods. So‚ this want for new‚ valuable goods‚ is what the basis for the exploration was. Another main basis was the creation of new seafaring equipment
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Name 09/23/14 World History The Economic and Political Causes of European Exploration and Colonization By 1400s‚ European countries began to dominate the globe with trade and advanced technologies. England‚ Spain‚ France and Portugal emerged as the strongest nations in the 1400s and 1500s. For reasons separate for each‚ the dominant European powers desired to expand their reign beyond Europe. Europeans began exploring various economic reasons‚ but they did not want to set up colonies right away
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During the period from 1450 to 1750‚ western Europe targeted on an era of distant places exploration and monetary enlargement that converted society. By 1450‚ Europe had recovered from intense contraction of the 14th century‚ produced by plague and marginal agriculture‚ and become resuming the economic growth that were the sample inside the twelfth and early thirteenth centuries. This new length of increase‚ but‚ become no mere extension of the sooner one‚ however a thorough departure from medieval monetary
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Final Study Guide: American History 1st Topic: European Exploration and Colonization of North America. Mayflower Compact * Was an agreement signed by all of the pilgrim men which said that they would remain loyal to the king and. * They would have just and equal laws * It provides the foundation for American democratic government Jamestown (Important to Know England sent a crew to establish a colony in America; they settled near the Chesapeake Bay and named it Jamestown after
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1450–1750: 22% of the AP Exam Overall Changes 1) The world became truly global - the western hemisphere came into continued contact with the eastern hemisphere. Technological innovations‚ strengthened political organization‚ and economic prosperity all contributed to this change that completely altered world trade patterns. 2) Maritime trade dominated the world - Technological advancements and willingness of political leaders to invest in it meant that sea-based trade became much more important.
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Chapter 3: European Exploration and Colonization Trade Route to Asia in the 1400s European Trade With Asia Traders - people who get wealth by buying items from a group of people at a low price and selling those things to other people at higher prices. European countries use trade to gain wealth The stronger countries in Europe in the 1400s and 1500s England‚ Spain‚ France and Portugal. Kings and queens wanted to gain wealth - to build larger armies and navies to dominate other countries
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The European Exploration HIS111 Lecture 190 August 27‚ 2014 “European overseas expansion after 1600 entered a second phase‚ comparable to developments at home. As Spain declined‚ so did the Spanish empire and that of Portugal‚ which was tied to Spain by a Habsburg king after 1580 and plagued with its own developing imperial problems. These new conditions afforded opportunities for northern European states. The Dutch‚ between 1630 and 1650‚ almost cleared the Atlantic of
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