The Economic Consequences Of The Age Of Exploration

Europeans were motivated to conquest to gain money, and trade was one of the channels where they found it. However, during

Did you know that the Age of Exploration was one the most important time in history for the world. The Age of Exploration began in the early 1500’s in the nation of Portugal under leadership of Henry the Navigator. The first expedition to circle the globe was led by the Portuguese explorer Ferdinand Magellan. The causes of the Age of Exploration was to look for new trade routes and spread religion. The effects of the Age of Exploration were slavery and disease.

In the early 1400’s ,the Europeans began to have control over the world by setting colonies in the Americas, along the coast of Africa, and parts of southeast Asia. This is referred to as the Age of Exploration . This Age was  caused by advances in technology and it was motivated by the desire for glory, religion , and economic factors. The accomplishments of the European Age of Exploration were that ideas and goods were being exchanged, wealth allowed them better ships and navigation tools, and they had the chance to claim land and territories. These factors contributed in bringing a European Golden Age.

The accumulation of wealth for individuals as well as nations, propelled European Exploration. For instance, Hernando Cortes travelled to Central America with a key motivation of obtaining gold. This can be exemplified in The Dispatches of Hernando Cortes to Emperor Charles V, 1519-1521, “‘I and my companions suffer from a disease of the heart which can only

Humans have always been curious about their surroundings and how it could benefit them. The Europeans were famous for doing just that. The Age of Discovery and the Age of New Imperialism are evidence of the Europeans’ curiosity to venture out of their country. Although both the Age of Discovery and New Imperialism were similar in political and religious motives, they differed in economic motives and mindsets. The Age of Discovery and New Imperialism had many similarities in motives.

This decade portrays the exploration of the Europeans to the American colonies which allowed England, France, Holland, Spain, and British to colonize with other lands and obtain power by expanding their territory. Nevertheless, England rose as the country with the dominant colonial power. Throughout this decade, the demand for silver and other valued items influenced trade globally by commercializing and strengthening European trade. In addition, the desire for power and control enriched the economy of the Europeans. The rise of European colonization also shaped cultural globalization since traders established various ethnic societies in foreign regions. European explorers were to stop at nothing in order to achieve success in expanding their

*The Age of Exploration saw searches of wealth, new lands, and conversion of christianity. Europeans ed the first globe trading empires and would they would make trips to the western hemisphere.

The desire to explore the unknown has been a driving force in human history since the dawn of time. From the earliest documented accounts, ancient civilizations have explored the world around them. Early adventures were motivated by religious beliefs, a desire for conquest, the need for trade, and an unsatisfying hunger for gold. The great Age of Exploration, beginning in the late 1400s, was an important era in the discovery and development of lands yet unknown to the Europeans. During this period, Europe sought new sea routes to Asia in pursuit of economic gain, increased glory, and opportunities to spread Christianity. Although these were motivations for explorers, the impact from the discoveries resulted in significant changes and

In the words of David Arnold, gold, jewels, silks, carpets, spices, and porcelain suggested luxury, wealth, skilled artisans and thriving craft industries, and it was this image of Africa and Asia’s riches that helped inspire the first European voyages of discovery (Arnold 11). Europe could essentially see the wealth of the countries that manufactured the goods that Europe received and wanted the same wealth

During the 15th through 16th centuries, The Portuguese and Spanish explorers were very attracted to valuable resources, new land, and trade routes. These motives encouraged them to seek out new explorations and search for items that would benefit their home countries. Common resources that both the Spanish and Portuguese sought out included silks, porcelain, spices, persian horses, silver, and gold (Chasteen, 2001). Although the Portuguese and Spanish explored and sought out new land for many of the same reasons, they also had some different causes for exploration which were often very specific to the needs and goals of Portugal and Spain.

The European economic motivation was the main cause of European exploration in the 15th and 16th centuries. New trade, and the search for gold and spices were the three main motives behind Europe’s thirst for exploration and discovery. Trade with Asia and Africa was shrinking, Europe’s gold supply was drained, and spices were growing in demand, forcing Europe to send explorers in search of new resources and trade.

Arising out of the “Dark Ages” was the very weak Europe. After taking death tolls from the black death which was devastating to the European population, and also poverty spread around the entirety of Europe, the population felt stuck. In the early 1400s, the Europeans began to set out and explore the world by settling colonies in the Americas, along the coast of Africa, and parts of India and Southeast Asia. This is referred or known as the Age of Exploration. The Age of Exploration was caused by advances in technology and it was powered by the motivation for glory, religion, economic factors, and much more. The push factors and the causes of European exploration lead to a numerous amount of accomplishments ranging from new colonies/territories to bringing in wealth. If the Europeans had not had some of the push factors the Age like the fall of Constantinople, Columbus discovering the “New World” and economic reasons European Exploration would have never begun, or it would’ve taken many more years.

The main motivation of European exploration was economic motives. People were beginning to become more interested in traveling by sea to reach Asia and Africa and all their riches(Duiker,494). The spice trade was what linked Europe to Asia, and the gold trade linked Europe to Africa. Furthermore, in the 15th and 16th centuries, as the economy and purchasing power of Europe developed and increased, the spice demand grew at a steady rate(Arnold,12). Therefore, spices were one of the few things that made overseas trade possible. Europe did not have very much gold to begin with, so ultimately the gold mines that they did possess were emptied. After 1400, Europe started trading with the areas that produced gold, increasing their amount of gold. Gold was very important to Europe, because not only was it used for decorations, but also their currency. In 1500, Portugal was controlling the flow of gold to Europe, making Portugal much wealthier(Buckler,500). Eventually, slaves were included in the gold

     The Age of Exploration was a time of struggle and wealth for many European countries. The pursuit of a trade route to the Far East led many countries across the ocean, looking for the great spice cities that were rumored by Marco Polo. These countries knew that whoever found the shortest or best route would become rich, very quickly. Explorers from many European countries embarked on journeys that not even they had any clue where they were going. This search for the Far East led to many discoveries that would otherwise have never been found.

Colonialism has been viewed and interpreted from multiple perspectives. Both the coloniser and the colonised are said to have benefitted therefrom. While on the one hand it is considered abject exploitation by the coloniser to fill his coffers, on the other, the routine by-products of colonisation were of absolute benefit to the colonised. The four century long period of colonisation that gripped the world is one of the most oft debated and scrutinized periods of human history. In the period beginning sixteenth century AD, trade and commerce through the sea route became a means of expanding markets in many countries. Great Britain, France, Belgium and Portugal were amongst the pioneers in taking their wares to countries far away, like Africa and Asia. One early form of colonialism that was thrust upon the colonised country was economic exploitation.