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Published byFerdinand Jennings Modified over 8 years ago
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China Ming Dynasty Zheng He 1405-1433
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Animated Zheng He’s Ship http://www.pbs.org/wgbh/nova/sultan/media/expl_01q.html
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European Motives Gold Glory God
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Treaty of Tordesillas
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Desire for new trade routes –Controlled by Muslims and Italians –Spices and luxury goods –High prices and profits
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Portugal Prince Henry the Navigator –Conquers Ceuta –Desire to spread Christianity –Desire to find new lands –Died in debt
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Bartolomeu Dias-1481 First to round Cape of Good Hope
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New Technologies
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Christopher Columbus 1492 Claimed San Salvador for Spain First voyage as explorer Future voyages as empire builder
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Vasco da Gama- 1497 Reaches Calicut –Spices –Silks –Gems –Cargo worth 60 times cost –Direct route to India
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Ferdinand Magellan 1519
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Circumnavigate globe
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James Cook 1769-1770
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Samuel de Champlain 1608 Founded Quebec
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Commercial Revolution A. Social and Economic Background 1. European Population Increases 1500-1700 82 million to 115 million 1500-1600 London 50,000-200,000 Increase in demand for goods leads to…
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2. Inflation a. population increase b. influx of precious metals from America by Spain Average of 5 tons of gold and 250 tons of silver per year during 16th century.
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B. Growth of business and capitalism 1. Capital accumulated by merchants= new ventures for increased profit
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2. Changes in Commercial Organization a. Trading company – Joint-stock company chartered by the government and given a monopoly to trade and settle a given area. b. Stock Exchanges- First in Amsterdam 1611.
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c. Banking Expanded d. Insurance developed. 1666 London Fire - Lloyd’s of London e. Monetary changes promissory notes coins
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Mercantilism Became a national policy Definition: 1. G old & Silver = wealth of nation 2. Export more than it imports - difference paid in gold and silver 3. Nation increases exports by stimulating domestic industries with “bounties” - subsidies
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4. Tariffs 5. Colonies = raw materials and markets 6. Restrict colonial manufacturing to protect manufacturing in mother country 7. Forbid colonies to trade with outside nations
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Effects on Pre-Columbian World A.Africa- slave trade B.European migration C.Columbian Exchange
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European migration
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What plant and animal materials were part of the Colombian Exchange?
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