200 likes | 678 Views
The Age of Exploration, 1450-1650. Motives – the 3 “G’s”. God Gold Glory. More Motives. government sponsorship Renaissance curiosity spices. Which motive played the most important role?. Technology. cannon caravel (vs. galley) magnetic compass astrolabe improved maps; portolans.
E N D
Motives – the 3 “G’s” • God • Gold • Glory
More Motives • government sponsorship • Renaissance curiosity • spices
Technology • cannon • caravel (vs. galley) • magnetic compass • astrolabe • improved maps; portolans galley caravel
Portugal takes the lead! 1415 – Portugal takes Ceuta, Morocco Prince Henry “the Navigator”
Spain’s golden age (16th c.) • Major cause: gold & silver from New World • Why it ended: price revolution = inflation • Debate over reason for inflation: • Unable to keep up with rising demand • pop. (demand ) • new American colonies (demand ) • expulsion of Jewish & Muslim farmers/businessmen (supply ) • Influx of American silver bullion • Price revolution spreads to all Europe (1560-1600)
Mercantilism • economic system, ca. 1500-1800 or 1776 • wealth is based on nation’s supply of bullion • exports > imports • colonies exist for benefit of mother country • quinto = Spanish Crown receives 1/5 of precious metals mined in South America
Spanish colonial administration • 16th c. Spanish New World possessions divided into 4 viceroyalties, or administrative divisions