The Age of Discovery transformed Europe and the world. It sparked global trade networks, colonial expansion, and the exchange of goods, ideas, and people. These changes reshaped economies, societies, and power dynamics across continents.

European nations sought wealth through and . This led to the exploitation of indigenous peoples, the , and the . These events had lasting impacts on global demographics, economies, and cultures.

Economic Impact

Mercantilism and Globalization

  • Mercantilism economic theory gained popularity during the Age of Discovery, emphasizing the importance of a favorable balance of trade and the accumulation of precious metals (gold and silver)
  • European nations sought to establish colonies and control trade routes to maximize their economic power and wealth
  • The Age of Discovery marked the beginning of globalization, as the world became increasingly interconnected through trade networks and cultural exchanges
  • The Columbian Exchange facilitated the global transfer of goods, crops, and animals between the Old World and the New World, transforming economies and diets worldwide
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Triangular Trade and the Price Revolution

  • emerged as a key economic system during the Age of Discovery, involving the exchange of goods and slaves between Europe, Africa, and the Americas
  • European manufactured goods were traded for African slaves, who were then transported to the Americas to work on plantations producing raw materials (sugar, tobacco, cotton) for export back to Europe
  • The influx of precious metals from the Americas, particularly silver from the mines of Potosí (in present-day Bolivia), led to the in Europe
  • The Price Revolution resulted in significant inflation and rising prices for goods and services, affecting the purchasing power of Europeans and contributing to social and economic changes

Colonial Expansion

European Colonialism and the Treaty of Tordesillas

  • The Age of Discovery fueled European colonial expansion, as nations sought to establish control over new territories and exploit their resources
  • The (1494) divided the New World between Spain and Portugal, granting Spain control over most of the Americas while Portugal gained access to Brazil and parts of Africa and Asia
  • European powers, including England, France, and the Netherlands, later challenged the Iberian monopoly and established their own colonies in the Americas and Asia

The Encomienda System and Colonial Exploitation

  • The was a labor system implemented by the Spanish in their American colonies, granting Spanish colonists (encomenderos) the right to extract labor and tribute from indigenous populations
  • Encomenderos were responsible for the protection and religious instruction of the indigenous people under their control, but the system often led to exploitation, forced labor, and the decimation of native populations
  • The encomienda system, along with other forms of colonial exploitation, contributed to the economic growth of European nations at the expense of the colonized peoples

Societal Changes

The Columbian Exchange and Its Impact

  • The Columbian Exchange involved the widespread transfer of plants, animals, diseases, and cultural practices between the Old World and the New World
  • New crops introduced to Europe from the Americas included maize (corn), potatoes, tomatoes, and tobacco, while Old World crops like wheat, barley, and sugarcane were introduced to the Americas
  • The exchange of animals, such as horses and cattle from Europe to the Americas and turkeys from the Americas to Europe, had significant impacts on agriculture, transportation, and diet
  • The introduction of Old World diseases (smallpox, measles, influenza) to the Americas devastated indigenous populations, who lacked immunity to these diseases

Conquistadors and the Conquest of the Americas

  • were Spanish and Portuguese explorers and soldiers who led expeditions to the Americas during the Age of Discovery, seeking wealth, glory, and the expansion of Christianity
  • Notable conquistadors include , who conquered the Aztec Empire in Mexico, and , who overthrew the Inca Empire in Peru
  • The superior military technology (firearms, steel weapons, and horses) and the spread of diseases contributed to the success of the conquistadors in subduing indigenous empires and establishing Spanish control over vast territories

Slavery and the Atlantic Slave Trade

  • The Atlantic slave trade, which began in the 16th century and lasted until the 19th century, involved the forced transportation of millions of Africans to the Americas to work as slaves on plantations and in mines
  • European powers, particularly Portugal, Spain, England, France, and the Netherlands, participated in the slave trade, which became a key component of the triangular trade system
  • The slave trade had devastating consequences for African societies, contributing to political instability, economic disruption, and the loss of millions of lives
  • The legacy of slavery and the Atlantic slave trade continues to shape social, economic, and political realities in the Americas and Africa to this day

Key Terms to Review (23)

Atlantic Slave Trade: The Atlantic Slave Trade was the forced transportation of millions of enslaved Africans to the Americas from the 16th to the 19th centuries, forming a critical part of the transatlantic economy. This brutal system not only fueled economic growth in European colonies but also had lasting impacts on societies and cultures across the Atlantic world, influencing social hierarchies and racial dynamics that persist today.
Caravel: A caravel is a small, highly maneuverable sailing ship developed in the 15th century by the Portuguese, known for its lateen sails and ability to sail against the wind. This ship played a crucial role during the Age of Discovery, enabling explorers to travel further and more efficiently across the oceans. Its design allowed for increased speed and the ability to navigate previously uncharted waters, contributing significantly to maritime exploration and the subsequent impacts on global trade and cultural exchange.
Colonialism: Colonialism is the practice of establishing and maintaining political control over a territory and its people by a foreign power, often accompanied by the exploitation of resources and cultural domination. This concept became especially significant during the Age of Discovery, as European powers expanded their empires across the globe, leading to profound changes in both the colonizers and the colonized societies.
Colonization: Colonization is the process by which a country establishes control over a foreign territory, often involving the settlement of its own population in that area and the exploitation of its resources. This practice significantly shaped global dynamics during the Age of Discovery, as European powers expanded their empires, interacted with indigenous populations, and transformed economies and societies around the world.
Columbian Exchange: The Columbian Exchange refers to the widespread transfer of plants, animals, foods, human populations, diseases, and culture between the Americas and the Old World following Christopher Columbus's voyages in the late 15th century. This exchange significantly impacted societies and economies across continents, leading to profound cultural and biological changes that shaped the modern world.
Columbus's Voyage: Columbus's Voyage refers to the expedition led by Christopher Columbus in 1492, where he aimed to find a westward route to Asia but instead landed in the Caribbean, marking the beginning of sustained European exploration and colonization of the Americas. This voyage had profound effects on Europe and the world, reshaping trade, culture, and geopolitics in ways that would have lasting implications.
Conquistadors: Conquistadors were Spanish explorers and warriors who played a key role in the Spanish colonization of the Americas during the Age of Discovery, primarily in the 15th and 16th centuries. These individuals sought wealth, land, and glory, often through military conquest and the establishment of Spanish rule over indigenous populations. Their actions significantly impacted the social, political, and economic landscapes of both Europe and the New World.
Cultural Exchange: Cultural exchange refers to the process where different cultures share ideas, traditions, customs, and beliefs, often leading to mutual enrichment and transformation. During the Age of Discovery, this phenomenon became particularly pronounced as European explorers and colonizers came into contact with diverse societies across the globe, fostering new relationships that blended cultural practices and knowledge.
Encomienda system: The encomienda system was a labor system instituted by the Spanish crown in the Americas during the colonization period, allowing colonists to demand tribute and forced labor from Indigenous peoples in exchange for protection and Christianization. This system facilitated the establishment of Spanish control over native populations, impacting social, economic, and cultural dynamics in the New World.
Enlightenment Thought: Enlightenment thought refers to the intellectual movement of the 17th and 18th centuries that emphasized reason, individualism, and skepticism of traditional authority. This shift in thinking encouraged people to question established norms and seek knowledge through scientific inquiry and philosophical debate, impacting not only Europe but also the wider world during and after the Age of Discovery.
Ferdinand Magellan: Ferdinand Magellan was a Portuguese explorer known for leading the first expedition to successfully circumnavigate the globe from 1519 to 1522. His voyage was a significant milestone in the Age of Discovery, showcasing advancements in navigation and maritime exploration while revealing the vastness of the world and connecting distant cultures and economies.
Francisco Pizarro: Francisco Pizarro was a Spanish conquistador best known for leading the expedition that conquered the Inca Empire in present-day Peru during the 16th century. His actions not only altered the course of South American history but also had profound effects on European interests in the New World, emphasizing the impact of exploration and conquest during this transformative era.
Hernán Cortés: Hernán Cortés was a Spanish Conquistador known for leading the expedition that resulted in the fall of the Aztec Empire in the early 16th century. His conquests in Mexico played a crucial role in the Age of Discovery, highlighting the impact of European exploration on indigenous populations and altering the course of history in both Europe and the Americas.
Imperialism: Imperialism is the policy or practice by which a country extends its power and influence over other nations or territories, often through military force, economic dominance, or cultural hegemony. This concept was central during the Age of Discovery as European powers sought new territories for resources and trade routes, impacting both Europe and the newly encountered lands. The competition among European nations for colonies led to significant changes in global dynamics, shaping political and economic relationships that would last for centuries.
Mercantilism: Mercantilism is an economic theory and practice that emerged in Europe during the late Middle Ages and dominated the early modern period, emphasizing the importance of accumulating wealth through trade and the belief that national strength could be maximized by limiting imports via tariffs and maximizing exports. This system viewed global wealth as static, meaning one nation’s gain was another nation’s loss, leading to competitive colonization and trade policies.
Missionary work: Missionary work refers to the efforts made by individuals or groups to spread their religious beliefs, often involving the establishment of missions in new territories. During the Age of Discovery, European powers aimed to convert indigenous populations to Christianity, which had profound effects on both Europe and the newly contacted regions, shaping cultural exchanges and power dynamics.
Price Revolution: The Price Revolution refers to the significant and sustained increase in prices that occurred in Europe during the late 15th and early 17th centuries, primarily driven by an influx of precious metals from the New World and increased demand for goods. This period saw a dramatic rise in the cost of living, which impacted economic structures and social hierarchies across Europe. It highlights the connection between expanding global trade and local economic changes, shaping society and wealth distribution during this transformative era.
Protestant Reformation: The Protestant Reformation was a major religious movement in the 16th century that sought to reform the Roman Catholic Church and led to the establishment of various Protestant denominations. It challenged the authority of the Pope, emphasized individual interpretation of the Scriptures, and contributed to significant social, political, and cultural transformations in Europe.
Rise of Nation-States: The rise of nation-states refers to the emergence of centralized political entities characterized by defined territorial boundaries, a unified government, and a sense of national identity. This development gained momentum in Europe during the late Middle Ages and into the Early Modern period, significantly influenced by events such as the Age of Discovery, which expanded horizons and trade networks, promoting economic growth and the consolidation of power.
Spice trade: The spice trade refers to the historical commerce of valuable spices, such as pepper, cinnamon, and nutmeg, which were highly sought after in Europe and other regions during the Age of Discovery. This trade was pivotal in connecting different parts of the world, leading to new routes, economic expansion, and cultural exchanges that shaped global interactions in the 15th to 17th centuries.
Treaty of Tordesillas: The Treaty of Tordesillas was an agreement made in 1494 between Spain and Portugal, dividing newly discovered lands outside Europe. This treaty aimed to resolve disputes over newly explored territories and establish a line of demarcation, with Spain claiming lands to the west and Portugal to the east. The treaty had profound implications for European colonization and the geopolitical landscape, shaping the way European powers interacted with both each other and indigenous populations.
Triangular Trade: Triangular trade refers to the transatlantic trading network that connected Europe, Africa, and the Americas from the 16th to the 19th centuries, facilitating the exchange of goods, enslaved people, and raw materials. This system was pivotal in shaping economic relationships between continents and had significant social and cultural impacts, especially during the Age of Discovery and the establishment of European colonies in the New World.
Vasco da Gama: Vasco da Gama was a Portuguese explorer who played a crucial role in the Age of Discovery, most notably for being the first person to sail directly from Europe to India around the Cape of Good Hope in 1498. His voyages opened up new maritime trade routes and significantly impacted European interactions with Asia and Africa, paving the way for the expansion of Portuguese influence and the establishment of a global trading network.
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