explain the connection between european exploration of north and south amwerica and international trade? is there any connections to begin with?
Read through many articles in each of these, and read your other post, too. Let us know what you decide to write.
http://www.google.com/#sclient=psy&hl=en&q=british+empire&aq=f&aqi=g5&aql=&oq=&gs_rfai=&pbx=1&fp=280187d6f0589da0
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Hi ms, I have decided to do the dutch empire
nguyen tat thanh
Yes, there is a significant connection between European exploration of North and South America and international trade. The exploration and subsequent colonization of these continents by European powers greatly influenced the development of international trade during the Age of Exploration (15th-17th centuries) and beyond. Here's an explanation of the connection:
1. Discovery of New Trade Routes: One of the primary motivations for European exploration was to find new trade routes to Asia, bypassing the Ottoman Empire, which controlled the land routes. European explorers like Christopher Columbus, Vasco da Gama, and Ferdinand Magellan sought alternative sea routes to access the lucrative markets of Asia for spices, silk, and other valuable goods.
2. Acquisition of Valuable Resources: During their explorations, Europeans discovered vast quantities of valuable resources in the Americas. These included precious metals like gold and silver, as well as agricultural products such as tobacco, sugar, and coffee. The extraction and trade of these resources became a driving force in international commerce.
3. Establishment of Colonies and Trade Networks: European powers established colonies in North and South America to exploit the resources and establish monopolies over trade. Spain and Portugal were the prominent colonial powers, followed by other European nations like England, France, and the Netherlands. These colonies served as bases for expanding trade networks, connecting the Americas with Europe, Africa, and Asia.
4. Development of Mercantilism: European colonization resulted in the development of a mercantilist economic system. Mercantilism aimed to increase a nation's wealth by maximizing exports and minimizing imports. Colonies were seen as sources of raw materials for European industries and as captive markets for finished goods, thus stimulating international trade.
5. Transatlantic Slave Trade: Unfortunately, the European exploration of the Americas also led to the transatlantic slave trade. Enslaved Africans were forcibly brought to work in American colonies, primarily in plantations producing cash crops like sugar and tobacco. The slave trade became a significant part of international commerce, with goods being traded for enslaved individuals across the Atlantic.
6. Global Exchange of Goods and Ideas: The exploration and subsequent colonization of the Americas created a global exchange of goods and ideas. This exchange, known as the Columbian Exchange, involved the transfer of crops, animals, and diseases between the Old World (Europe, Africa, Asia) and the New World (the Americas). This exchange transformed diets, agricultural practices, and ultimately had a profound impact on international trade.
In summary, the European exploration of North and South America played a vital role in shaping international trade. It led to the discovery of new trade routes, acquisition of valuable resources, establishment of colonies and trade networks, development of mercantilism, and the transatlantic slave trade. These factors had far-reaching impacts on global commerce and continue to shape the world's economic connections today.