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European Age of Exploration
THE TO GAIN NEWTHE TO GAIN NEW LANDS AND NEW LANDS AND NEW
European CompetitionEuropean Competition1492:1492: Spain funded the voyage of Spain funded the voyage of
______________________________________________
► ► He landed in the He landed in the CaribbeanCaribbean,, but… but…
► ► Everyone thought he landed in ________Everyone thought he landed in ________
► ► He claimed land for Spain BUT were the He claimed land for Spain BUT were the Portuguese there first?!Portuguese there first?!
NO WAY!!! WE CLAIMED INDIA
FIRST!!!
WE CLAIMED
INDIA FIRST!!!
NO WAY!!! WE CLAIMED INDIA
FIRST!!!
LET’S SETTLE THIS ONCE AND FOR ALL…
WHERE’S THE POPE?
European CompetitionEuropean CompetitionTreaty of Tordesillas (1494)Treaty of Tordesillas (1494)
► ► Conflict between _______________ &Conflict between _______________ &
______________________________
► ► Pope divided the world inPope divided the world in
half to be controlled by thesehalf to be controlled by these
two countriestwo countries
SPAIN = SPAIN = PORTUGAL = PORTUGAL =
BIG QUESTIONS:BIG QUESTIONS:1) Why weren’t other European countries included in 1) Why weren’t other European countries included in
this deal?this deal?
2) Was any consideration given to other ethnicities 2) Was any consideration given to other ethnicities and countries?and countries?
3) Who made out better in the deal: Spain or3) Who made out better in the deal: Spain or Portugal? How can you tell?Portugal? How can you tell?
4) Could this whole fight have been avoided? How?4) Could this whole fight have been avoided? How?
5) What language do you think is spoken in Brazil? 5) What language do you think is spoken in Brazil? What about the rest of South America?What about the rest of South America?
Columbian ExchangeColumbian ExchangeThe global transfer of goods beginningThe global transfer of goods beginningwith the voyage of Columbuswith the voyage of Columbus
New economic activity,New economic activity,
new foods/ideas, andnew foods/ideas, andspread of diseasesspread of diseases
OH NO! I’va gotta all
deesa pasta and no tomato
sauce to put onna it!
THE COLUMBIAN EXCHANGETHE COLUMBIAN EXCHANGE
MERCANTILISMMERCANTILISM► ► An economic principle that a nation’s strength An economic principle that a nation’s strength
depended on its wealth ( 1500s-1700s) depended on its wealth ( 1500s-1700s)
► ► Countries fought to accumulate as much gold Countries fought to accumulate as much gold and silver as possible!and silver as possible!
MERCANTILISMMERCANTILISMGOAL: _____________________________GOAL: _____________________________
Sell more than you buy!Sell more than you buy!
HOW? HOW? 1)____________: Import Taxes1)____________: Import Taxes
2) 2) Subsidies:Subsidies: Government loans to start Government loans to start businesses and encourage tradebusinesses and encourage trade
3) 3) Establish ColoniesEstablish Colonies
COLONIESCOLONIES
COLONIESCOLONIES
==
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CHEAPER GOODS!!!CHEAPER GOODS!!!
CAPITALISMCAPITALISM Most economic activity is carried out by:Most economic activity is carried out by:
individuals or organizations seeking aindividuals or organizations seeking aprofitprofit
________________________________________________________Large businesses in which profits and losses are Large businesses in which profits and losses are
shared among the investorsshared among the investors
EXAMPLE:EXAMPLE: British East India Company British East India Company- Imported spices- Imported spices