Europe gained power and world influences through commercial revolution during the 15th, 16th, 17th, and 18th centuries. The Commercial Revolution was a time when trade and business began to evolve, it developed the economies of Europe. Due to the Age of Exploration, Europeans discovered and colonized the Americas, which led to trading worldwide. Colonies were to benefit the mother countries in Europe through mercantilism. Mercantilism is an economic system where colonies provide raw materials for the mother countries to manufacture and sell/export the products. A mother country with more imports of silver, gold, and raw materials meant the more powerful; the more exports of manufactured goods and valuables meant the wealthier. Demand for goods …show more content…
It was basically investments. The Triangle Trade was formed into a cycle of industry where slaves would be captured and sent to mainly the Caribbeans to be taught an European language and labor, then they will be sent to plantations all over colonies in the Americas and the colonies would sent harvested raw materials back to Europe to be manufactured. Some important crops are sugar, tobacco, corn, cotton, and rice. There was also a lot of trade for lumber and fur. The MIddle Passage refers to the trips of European ships with the slaves from Africa to the Caribbeans. These journeys were harsh and treacherous and lasted around 3 months long each trip. About half of the slaves captured wouldn’t make it across the sea due to sickness, diseases, overcrowded space, abusive treatment, and not enough food/supplies. The Columbian Exchange connected and diffused products to the “New World” and “Old World” via animals, plants, religion conversions, diseases, and language. Many natives of the Americas died of European diseases. Animals like cows, horses, sheeps, pigs, and rats were brought to the Americas while plants like potatoes, tomatoes, indigo, sugar, tobacco and cotton were introduced to the
During the period 1550-1800, the colonization of the Americas by European civilizations led to massive shifts in economic power from the West to East and vice-versa. An increase in global competition among western civilizations and against their asian counterparts drove Europeans to search for wealth elsewhere, and thus colonizing the Americas. One of the easiest ways to generate a profit, increase a civilizations wealth, and ultimately their military power was through the silver trade. In monopolizing said trade, Europe was able to establish a somewhat steady economic connection to the very wealthy Asian civilizations. However, european nations were struggling to keep control of the silver trade out of Asian hands, which caused major shifts
Middle Passage -- refers to the forced transportation of African people from Africa to the New World as part of the Atlantic slave trade[1] and was the middle portion of the triangular trade voyage. Ships left Europe for African markets, where their goods were sold or traded for prisoners and kidnapped victims on the African coast. Traders then sailed to the Americas and Caribbean, where the Africans were sold or traded for goods for European markets, which were then returned to Europe. The European powers Spain, Portugal, France, England, the Netherlands, Denmark, Sweden and Brandenburg, as well as traders from Brazil and North America, all took part in this trade.
The trans-Atlantic trade of African slaves contributed to maintaining progression of labor systems as well as promoting change in the British North American colonies. The slaves provided labor and helped produce the cash crops that were then exported to Europe where they traded the goods to trade with Africans for more slaves. The Africans enslaved each other and sold more slaves to be sent to the colonies in
In a similar economic revolution, the colonies outgrew their mercantile relationship with the mother country and developed an expanding capitalist system of their own. England's economic system was primarily based on mercantilism, which was directly related to the colonies. This concept of mercantilism said that wealth is power and however much power you have is how much gold and silver one country has in its treasury. For this concept to take place, England had to export more than import. Because the colonies had the raw materials needed England set up laws such as navigation laws to restrict what the colonies coul...
The Transatlantic Slave Trade started out as merchant trading of different materials for slaves. With obtaining a controllable form of labor being their main focus, the Europeans began to move to Africa and take over their land. The natives had to work on the newly stolen land to have a source of income to provide for their families.Soon others Europeans began to look for free labor by scouring the continent of Africa. Because Europeans were not familiar with the environment, Africans were employed to kidnap other Africans for the Transatlantic Slave Trade. After trade routes were established, different economies began to link together, and various items were exchanged across the world. As the Atlantic Slave Trade grew larger, problems began
Beginning in the 1600s, one of the main concepts for England, France, and Spain at the time was mercantilism. These were the three most powerful and blooming countries at the time. Starting from the earliest years as the late 1500s, and continuing on, all three countries were soon to battle for claim of the new land. Only one country could triumph. Despite success, even the strongest can become the weakest.
Christopher Columbus’ discovery of the New World in 1492 sparked an era known as the Columbian Exchange, in which the exchange of plants, animals, technology, ideas, and diseases occurred. It also marked the migration of many European settlers into the Americas, where they implemented their Eurocentric ideology on the First Nations who were residing there. A large amount of Latin Native Americans were taken as slaves back to Europe, or forced to commit rigorous labour and chores on sugar and coffee plantations in the Caribbean or South America. European monarchs utilized such resources through a mercantilist policy, giving Europe an economic boost. Based on the profits they were making through colonialism, they decided to set out and go imperialize more territory around the world. These events reinforce the idea that Europe could only flourish through the marginalization of Aboriginal
In a similar economic revolution, the colonies out grew their mercantile relationship with England and developed their own expanding capitalist system. The idea of a set amount of wealth in the world and that if one were to become wealthy, he or she had to take from someone who is already wealthy, is basically what mercantilism means.
The Transatlantic Slave Trade was a service that transported around twelve and a half million men, women, and children to be bought and sold as slaves by countries mostly in the New World, like the United States of America. (The Transatlantic Slave Trade) The Portuguese were the first to bring African slaves over to the new world, but it quickly caught on over the years. Around 80% of the slaves that came across the Atlantic ended up in Brazil or the Caribbean Islands while only 7% wound up in the United States.(Ross) With the climate being completely different in South America, Europeans found it extremely hard to work and were not used to the living conditions so they contracted diseases. Unlike Europeans, the African slaves were capable of handling the climate and were used to working hard. (How Many Slaves Came to America? Fact vs. Fiction.) The reason the Transatlantic Slave Trade worked for many years was because it had a triangular trade form where Africa would send slaves over to America who would send the products of the slave labor over to Europe who would send ammunition and weapons back to Africa. There have been over 30,000 documented trips from Africa to the Americas. The trip from Africa to America lasted about three months by ships. This was called the middle passage, where a large amount of slaves died from malnutrition
During the late 1700’s, the United States was no longer a possession of Britain, instead it was a market for industrial goods and the world’s major source for tobacco, cotton, and other agricultural products. A labor revolution started to occur in the United States throughout the early 1800’s. There was a shift from an agricultural economy to an industrial market system. After the War of 1812, the domestic marketplace changed due to the strong pressure of social and economic forces. Major innovations in transportation allowed the movement of information, people, and merchandise. Textile mills and factories became an important base for jobs, especially for women. There was also widespread economic growth during this time period (Roark, 260). The market revolution brought about economic growth through new modes of transportation, an abundance of natural resources, factory production, and banking and legal practices.
During the time period 1450 to 1750, the world went through major change and development. Nomadic power declined, and European Kingdoms became world powers. A world trade network was set up as contact amongst nations increased immensely. A population boom occurred throughout the world. Many civilizations that were once isolated were brought into the world economy. The Americas unknown until Christopher Columbus’ voyage in 1492 became a major part of the world economy as many European nations colonized much of the land. Large sea trade arose during this time period first by the Portuguese and Spanish and later by the English, French and Dutch. As European countries began exploring the Americas, an exchange of crops, animals, raw materials, diseases and new ideas were exchanged between the Americas and the rest of the world. This is known as the Columbian Exchange. One major component of the Columbian Exchange was the discovery of tobacco. Tobacco was first discovered in the Americas and became as cash crop. It was imported back to Europe, where it became vastly popular. As many middle class Europeans people began smoking, the demand for more tobacco from the Americas increased; colonies were set up to produce tobacco. With the demand for tobacco so high, labor was needed to farm the crop causing slaves to be imported.
On the second leg of this trade slaves were transported to the West Indies, this leg was called the middle passage. This part was horrible for the slaves. About 50% of all the slaves on one ship would not make it to the West Indies because of disease or brutal mistreatment. Hundreds of men, women and children were cramped together for most of the journey, occasionally able to move an almost decent amount. On the third leg of the journey slaves were traded for sugar, molasses and other products.
These factors gave Europe an advantage compared to other parts of the world, which allow capitalism to begin in Europe and spread across the world.
Around the beginning of the sixteenth centruy, many countires had started to explore farther away and finding new territories. New products like sugar and taobacco began to emerge around the world in many places. Many countries in Europe were gaining power due to the control of colonies in the Americas. Asian countries did not explore as much, but still managed to remain large and powerful for a while. The global flow of silver had economic effects on inflating prices of goods and stimulating econimic policy of mercantilism, and social effects on negative effects on the lower class around the world during the mid-sixteenth century to the early eighteenth century.
The first Industrial Revolution began in Great Britain. It led to a dramatic increase in factories, therefore a vast amount of manufactured goods. The demand for goods created by the Industrial Revolution helped clear the way for the Age of Imperialism because Great Britain and eventually all of Europe sought after more natural resources and raw materials. Imperialism is the policy in which a stronger country seeks to dominate a less developed country both politically and economically. Although the European imperialism of Africa was exploitive and self seeking, it was justified because it ultimately enhanced the growth and development of the African nations through new laws, government, well ordered finance and freedom form oppression.