The Political, Social, and Economic Effects of Expansion
The African Slave Trade Sugar plantations in West Indies/S. America Demand for African slaves Triangular trade: Europe Africa Americas Middle Passage Slaves transported to Americas Local tribes active in slave trade increased conflict Undermined African cottage industry poverty Abolition movements began in late 18th century
The Columbian Exchange Global diffusion of crops, other plants, humans, animals, and disease Disease in the Americas Positive Consequences
Catholic Missionaries Often whistle-blowers for the abuses of the conquistadors Established villages, hospitals, orphanages, schools in Americas Jesuit, Dominican, and Franciscan missionaries China, Japan, SE Asia, Latin America
Economic Conditions in the 16th C Price Revolution Gradual Inflation Wage earners suffered, landed aristocrats prospered Gov’ts suffered from inflation
Growth of Commercial Capitalism Commercial Revolution Capitalism Creation of joint-stock companies
Mercantilism Economic system for gov’ts in 17th C Hoarding precious metals, protectionist trade policies, colonial development, shipbuilding, trade, manufacturing Prosperity dependent on bullion State intervention in the economy = good!