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Economics and Exploration

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Presentation on theme: "Economics and Exploration"— Presentation transcript:

1 Economics and Exploration

2 The Crusades Middle Ages - people lived on manors
Basic needs met, little desire to travel or trade Crusades Thousands join, travel to Holy Land Europeans develop taste for foreign goods and a desire to trade

3 The Renaissance (rebirth)
1300s -1600s in Europe -End of Middle Ages and beginning of the Renaissance Increased trade/travel sparks curiosity Growth of arts and sciences

4 Power of the Press 1456 - Johannes Gutenberg = first printing press
Books more accessible Preparing people’s minds for explorations to come

5 Tools of the Trade Magnetic Compass - needle always points North
Quadrant - angle of stars Astrolabe - altitude of objects

6 The Navigators Prince Henry of Portugal (Henry the Navigator)
Portugal became center of navigation Designed new ship: caravel (triangular sails, steering rudder) Wanted his sailors to sail to China, Japan and India in search of gold and spices

7 Show me the money! All share a quest for wealth and power
Italy controls Mediterranean trade Strong Kings emerge in France, Spain, England and Portugal, Netherlands All share a quest for wealth and power Trade brings wealth - compete for trade routes Colonies bring wealth, territory, power, control Race to Find a Water Route to the Indies

8 Spices continued Spice trade very profitable
Profits often 12 times the cost Cinnamon, cloves, ginger, nutmeg, pepper, turmeric, sesame, cardamon

9 Spices Overland route to East
Dangerous physical obstacles - deserts, mountains Bandits and thieves

10 Spices Had to pay Muslim merchants who acted as middlemen
Turks take Constantinople - put halt to trade with East Europeans needed water route to get rich!!!!


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