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What Was The Reason For European Exploration

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Although, those explorations seemed to be a plausible reason for navigation, it was believed that the main reason behind “the age of exploration” was the severe shortage of cash flow to the Europeans’ treasuries. The European economy was dependent on gold and silver currency, yet, by the time that extraction of domestic supplies slowly faced a downward trend, the entire Europe was at the risk of being plunged into a downturn economy. The fact that Ottoman Empire took control of Constantinople in 1453 and barred the European’s merchants from the eastern markets, was another reason for the Europe to seek for new trading markets through

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