The 15th Century saw a renewed interest in trading in Europe. One of the primary reasons for this was the contact that the Europeans experienced with the East during the Holy Crusades. The Crusaders brought back food goods such as spices, coffee, tea, and rice that were immediately in high demand. Porcelain, silks and perfumes were also introduced and there was a high demand for those goods in Europe. This interest in goods from the East motivated nations to explore trade routes to India. These routes led to the expansion of trade and conquest along the coast of Africa and into the New World. The colonial conquests of Britain, Spain, and Portugal increased the wealth of these imperial powers which further expanded trade in Europe. The continent was introduced to new goods from both the east and west. This early form of capitalism, which was called mercantilism, motivated nations to trade. A nation achieved its economic and political strength by gaining trade surpluses over its neighbors under mercantilism.
Monday, October 29, 2012
What factors led to the Commercial Revolution in Europe?
Subscribe to:
Post Comments (Atom)
Summarize the major research findings of "Toward an experimental ecology of human development."
Based on findings of prior research, the author, Bronfenbrenner proposes that methods for natural observation research have been applied in ...
-
One way to support this thesis is to explain how these great men changed the world. Indeed, Alexander the Great (356–323 BC) was the quintes...
-
Polysyndeton refers to using several conjunctions in a row to achieve a dramatic effect. That can be seen in this sentence about the child: ...
-
Both boys are very charismatic and use their charisma to persuade others to follow them. The key difference of course is that Ralph uses his...
-
At the most basic level, thunderstorms and blizzards are specific weather phenomena that occur most frequently within particular seasonal cl...
-
Equation of a tangent line to the graph of function f at point (x_0,y_0) is given by y=y_0+f'(x_0)(x-x_0). The first step to finding eq...
-
Population policy is any kind of government policy that is designed to somehow regulate or control the rate of population growth. It include...
-
Gulliver cooperates with the Lilliputians because he is so interested in them. He could, obviously, squash them underfoot, but he seems to b...
No comments:
Post a Comment