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The Rise of the Atlantic Economy Unit 3 Chapters 5
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Note to Students This PowerPoint was created using a combination of your textbook as well as other sources/texts. In order to shorten the length of the PPT, I have left out numerous details. – Students are responsible for getting these details from the text and class discussions. I suggest that students print this PPT and use it to take notes from the text, ID Cards, and class discussions.
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Expansion of the European Economy Age of Exploration leads to expansion of the European economy – Decline of Italy – Rise of Spain, England, France, and Netherlands as economic centers Stimulation of the economy led to – Bills of Exchange – Banking
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Age of Exploration Portugal and Spain lead the “Age of Exploration” Portuguese Exploration – Henry the Navigator – Bartholomew Dias – Vasco da Gama Spanish Exploration – Christopher Columbus – Conquistadors Hernan Cortes Francisco Pizarro
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Machu Picchu Built by the Incan Empire
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The Colonial Economy Europeans established colonies Mercantilism: the colonies were exploited for the benefit of the mother country – Used resources from colonies to increase treasury of gold and silver Haciendas and/or plantations formed for agricultural production – Sugar most important ag. commodity Mines created to extract precious metals – Gold and SILVER (Potosi in S. Am)
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Population Growth Europe’s population increased in the 16 th century – Increased agricultural production – “Enclosure” led to private property Good for those with land, bad for those without – New food crops from the Americas Corn, potatoes, tomatoes, squash, beans, peppers
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The Price Revolution Price Revolution – Prices were on the rise in Europe Increase in population led to higher demand for basic necessities Influx of silver from the Americas led to inflation
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State Building The nations of western Europe begin to develop stronger, more centralized government systems. – Spain – England – France – Netherlands
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Spain Before 1400’s, Spain was divided into several different kingdoms – Mostly Christian in the Northern areas – Muslims controlled Southern Spain
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Spain 1469: Ferdinand and Isabella marry to unite most of the Iberian Peninsula – Refer to ID Cards for Chapter 5 “Reconquista” begins Spanish Inquisition
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Spain Charles V (grandson of Ferdinand and Isabella) controlled a HUGE amount of territory. – Refer to ID Cards for Chapter 3 Charles’ reign – 1519-1556
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Empire of Charles V
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Spain In 1556, Charles V abdicated the Hapsburg throne. – His brother, Ferdinand I, took over the HRE – His son, Philip II, assumed the throne of Spain Photo: Philip II
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Spain Although Spain had the largest empire in Europe and pulled huge quantities of silver out of mines in the Americas, Spain still had money problems – Spent money defending against Ottoman aggression in the Mediterranean Battle of Lepanto (1571) – Spain spent much of its silver buying luxury good from Asia – Price Revolution harmed Spain’s economy
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Policies of Philip II of Spain Reign of Philip II: 1556-1598 – See the ID Card for Philip II for more information
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Cultural Achievements in Spain Don Quixote by Cervantes Art: – El Greco
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France Bourbon Family – Replaced the Valois as the ruling family – Came to power with Henry IV Edict of Nantes (1598) Refer back to ID Cards from Chapter 4
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France Louis XIII ascended to throne after his father’s assassination – Ruled from 1610-1643 Cardinal Richelieu served as Louis XIII’s royal advisor. – Refer to ID Cards for Chapter 4
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England War of the Roses – Civil war between the Yorks and Lancasters Henry Tudor established the Tudor Dynasty in England – Henry Tudor known as Henry VII – Defeated Richard III in 1485 Be careful not to confuse the Henrys of England with the Henrys of France.
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England Henry VIII – Reigned from 1509-1547 Founder of the Anglican Church – Also known as the Church of England Refer to ID Card and text for additional detail.
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England Edward VI – Reigned from 1547-1553 Mary Tudor – Reigned from 1553-1558
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England Elizabeth I – Reigned from 1558-1603
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Defeat of the Spanish Armada
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Elizabethan Renaissance Queen Elizabeth was known for patronage of the arts William Shakespeare (playwright) – Famous works: Romeo and Juliet, Julius Caesar, Macbeth, Hamlet, A Midsummer Night’s Dream, The Taming of the Shrew, King Lear, Othello,
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England 1603: Elizabeth I died without an heir James VI of Scotland (her cousin) inherited the throne – He became known as James I of England – The Stuarts took the place of the Tudors as the ruling family of England
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