Exploration and Economic Change
Exploration and Economic Change
Exploration and Economic Change
ECONOMIC
CHANGE
CHAPTER 16
WESTERN
EUROPE
European merchants
organized expeditions
Search for market and profits
European rulers support
overseas expedition
Renaissance foster a
spirit of adventure
All were driven with curiosity
Desire for glory
Hope of fame
Improvements in ship
and navigation
Important influence of technological
progress
More seaworthy ships
Navigational instruments
Voyages
of
Explorati
on Bring
The Portuguese
in
Asia Dias
Bartolomeu
a nobleman of the Portuguese
royal household, was a Portuguese
explorer. He sailed around the
southernmost tip of Africa in 1488,
reaching the Indian Ocean from
the Atlantic, the first European
known to have done so.
The cape of
storms
- The cape of Storms was first
reached in 1488 by the
Portuguese navigator B. Diaz,
who named it Cape of Storms
(Stormy Cape). The Portuguese
king, John II, renamed it Cape
Vasco da Gama
A Portuguese explorer.
He was the first European
to reach India by sea,
linking Europe and Asia for
the first time by ocean
route
An
Italian
explorer,
navigator, colonizer and
citizen of the Republic of
Genoa.
Under
the
auspices of the Catholic
Monarchs of Spain, he
completed four voyages
across the Atlantic Ocean.
PORTUGU
ESE
SETTLE
SPANISH CONQUEST
Spanish seek gold in the Americas
Corts is welcomed by the Aztecs
Corts gained Indian allies
Malinche Tenochtitln falls to the Spaniards (tech
NOHCH- tee tlahn)
Pizzaro conquers the empire of Incas
Legends of gold encourage further
exploration
COLINIZATION AFTTER
CONQUEST
1.THE SPANISH EMPIRE SPREADS
2.SETTLES BRINGS THE SPANISH CULTURE TO THE
AMERICAS
3.THE SPANIARDS DEMANDS LABOR AND TRIBUTE
FROM THE INDIANS
4.SPANISH MISSIONARIES WORK IN THE AMERICAS
5.THE PORTUGUESE COLONIZED BRAZIL SLOWLY
6.THE INDIAN POLULATION DECLINED DRASTICALLY
7.AFRICAN SLAVES ARE BROUGHHT TO THE AMERICAS
8.NEW GROUPS ENTER THE COLONIAL POLULATION
THE DUTCH, ENGLISH, AND
FRENCH GAIN COLONIES
John Hawkins
English merchant
Defend Spanish trade laws and brought European goods
Inflation
The increase of prices
Capitalism
An economic and political system in which a country's
trade and industry are controlled by private owners for
profit, rather than by the state.
Market Economy
A market economy is an economy in which decisions
regarding investment, production, and distribution are
based on supply and demand, and prices of goods and
services are determined in a free price system.
Characteristics of
Capitalism
Private ownership this system capital belongs to
individuals who are free to decide what to do with
their property or money.
Profit motive they will the producers because they
want to make profit.
Market economy a money value is placed in all
forms of property.