Acceleration of Global Contact essayFinal
The Power Snowball Effect
To us in the 21st century Asia is a developing content, but four hundred years ago it held the greatest superpowers of the entire world, so what did happen to that power? In order to determine the answer to this question one must peel back the layers of time and look at the hard fact. Geographically the Europeans had various advantages, such as having copious amounts of coal deposits to create a coal industry. In addition to this the Asians empires were not in the prime position to expand their nation to undeveloped parts of the world, as the Europeans did with the New World. Trailing with this is the fact that the Asians hardly conquered an area outside …show more content…
In the late 15th century, many European nations hoped to start major trade with Asia. Due to this they sought out find new more easily accessible trade routes. Explorers such as Vasco de Gamma and Columbus met the public’s demands and set out on their voyages. This eventually caused the discovery of the New World by Columbus, and the forging of a new route by Vasco de Gamma. The resources from the New World were then used to fund trade with Asian empires, and the new trade route made it all the more easier to do so. This created more or less a snowball effect in which whatever wealth the Europeans got from Asia was put back into the New World for more resources. Asian empires, however, did not have the wealth that the New World provided the Europeans, and so did not grow in the process of the trade. In addition to this the Europeans also were exporting majorly unknown goods, and so were able to inflate prices, and create yet another market around the items. Since silver was the main commodity sold to the Asians, it came at a disadvantage compared to the Europeans. Silver was the main currency of the Asian empires at that time. Due to this it was near impossible to inflate the price of the element without causing mass anger. Though not necessarily disadvantageous, it was less advantageous then the European’s situation, which allowed them to make even more of an income, cementing their economic status and their power. By both causing and being caused by colonization trade is one of the largest reasons for European dominance. Without it, it is unlikely that any of the advantages the Nations had, aside from the accidental ones, would have been