what was mercantilism? - butler class notes -...
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What was mercantilism?
• Policy that said there was a limited amount
of money in the world. GOLD
• Each country needs to grab what they can
before it is gone.
• Export more than you import…more
money in your pocket.
• Colonies and markets were needed to
keep everything in the system.
The Age of Exploration
3 Reasons for Exploration
•GOLD
•GLORY
•GOD
What was the Age of Exploration?
• A time period when Europeans began to
explore the rest of the world.
• Improvements in mapmaking, shipbuilding,
rigging, and navigation made this possible.
• Blue water sailing, not just coastal boats.
• Policy of mercantilism drives the
exploration.
The Explorers:
Portugal
Bartolomeu Dias
• Sailed around Cape of Good Hope at southern tip of Africa.
• Found route to Indian Ocean
• Trade can go from Europe to Asia by sea.
Vasco da Gama
• Landed in India in
1498.
• Important trade
route from Europe to
India and East
Indies.
Ferdinand Magellan
• His crew made first
round-the-world
voyage.
• Proved for certain
that the world was
round.
• Magellan was killed
in the Phillippines,
did not make it
home.
The Explorers:
Spain
Christopher Columbus
Christopher Columbus • Believed a shorter
route to Asia could be found by sailing westward instead of around Africa.
• Found the Americas instead. Oops.
What was the Colombian Exchange?
• Massive exchange of plants, animals and diseases.
• These things moved between the New and Old Worlds.
• Started with Columbus.
• To the Americas: cows, horses, wheat, smallpox, plus much more.
• To Europe: potatoes, tomatoes, tobacco, corn, plus much more.
Final Exam Questions• Who gets credit for discovering the Cape
of Good Hope and route to India?
• What was the Treaty of Tordesillas?
• What was the Triangular Trade system?
• Who conquered Montezuma II and the
Aztecs?
• What is the term for trip slaves took across
Atlantic?
Answers
• Best answer: Vasco de Gama
• Spain and Portugal split the new world
• Raw materials to Europe, manufactured
goods to Africa, slaves to New World
• Cortes conquered Aztecs
• Middle Passage
The Slave Trade
• Europeans began to use slave labor in
their colonies to grow crops, mine, etc.
• Native Americans used for a while, but
Africans began to be brought to the
Americas.
• The slave trade then became the main
focus of Europe’s relations with Africa.
What was the Triangular Trade?
• System of trade between Europe, Africa,
and the Americas.
• Stage 1: Raw materials to Europe
(tobacco, rum, sugar, cotton)
• Stage 2: Manufactured goods to Africa
(guns, cloth, rum)
• Stage 3: Slaves to the Americas to make
raw materials.
The Triangular
Trade
What you should know for the
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Chapter 20 notes
MAP of exploration
Chapter 19, Section 1
Europeans Explore the EastFor “God, Glory, and Gold”
Europeans Seek New Trade Routes
The spread of Christianity
Technology makes exploration possible
Portugal Leads the Way
The Portuguese Explore Africa
Prince Henry—dreamed of exploration
Portuguese Sailors Reach Asia
Vasco de Gama—explore African east coast
Spain Also makes a claim
1492 Christopher Columbus sails to Bahamas
Treaty of Tordesillas-Portugal and Spain split new territory
Trading in the Indian Ocean
Portugal’s Trading Empire
Other Nations Challenge Portugal
Dutch East India Company
Dutch Trade Outposts
British and French Traders
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Chapter 20, Section 1
• The Voyages of Columbus
– First Encounters
• Bahamas—looking for India
• Colonies-lands controlled by another nation
– Other Explorers take to the seas
• Amerigo, Magellan, Cortes
• Spanish conquests in Mexico
– Hernando Cortes-conquered the Aztecs
– Conquistadores-Spanish soldiers/sailors with Cortes
– Cortes Conquers the Aztecs
• Spanish Conquests in Peru
– Pizarro subdues the Incas
• Francisco Pizarro-1532 conquistador
• Atahualpa-Incan ruler doublecrossed by Pizarro
– Spain’s Pattern of Conquest
• Mestizo—mixed Spanish and native person
• Encomienda—landlord system of labor
– Portuguese in Brazil
• Spain’s Influence expands
– Conquistadors push north
• Opposition to Spanish Rule
– African Slavery and Native Resistance
Chapter 20, Section 2
European Nations Settle North America
• Competing Claims in North America
– Explorers establish New France
• New France Quebec and other areas of France
colonial empire
– A Trading Empire
• English Arrive in NA
– Puritans Create a “New England” in MASS Bay
– Jamestown-settlement
– Pilgrims in Plymouth, MA
– Dutch found New Netherland
• New Netherland—NY, Hudson river, fur trade
– Colonizing the Caribbean
• The Struggle for North America
– The English Oust the Dutch
– England Battles France
• French and Indian War-battle between Eng and Fr
over territory(7 yr war) Eng wins-gets NE Amer
• Native American Response
– A strained relationship
– Settlers and Native Americans Battle
• Metacom(King Philip) battled Mass Bay, lost after
1 yr
– Natives fall to disease
Ch. 20, Section 3
The Atlantic Slave Trade
• Causes of African Slavery
• Slavery in Africa (Muslims took 17 million to ME)
• Demand for Africans (immune farmers far from
home easy to identify)
• Atlantic Slave Trade—in <400 years about 10 million
• Spain and Portugal Lead the Way
• Slavery Spreads throughout the Americas
• England dominates the slave trade
• African Cooperation and Resistance
• A Forced Journey
• The Triangular Trade
• Triangular trade is raw materials to Europe, gold/guns to Africa,
and slaves to new world
• The Middle Passage
• The middle passage was the middle leg of the triangular trade,
slaves bound for new world
• Slavery in the Americas
• A harsh life
• Resistance and rebellion
• Consequences of the slave trade
Ch. 20, Sect. 4 The Columbian Exchange and Global Trade
The Columbian Exchange
Columbian Exchange is the transfer of goods, plants, animals,
diseases between Europe and America
Global Trade
The rise of capitalism
capitalism is an economic system based on private
ownership and investment, governments no longer held claim to all wealth
– Joint stock companies
• Like a corporation—group of investors
• The Growth of Mercantilism
– Mercantilism is economic policy was idea that
national power depended wealth. Get $$ = be
strong country.
– Balance of trade
• Favorable balance of trade—more exported than
imported to be rich and self-sufficient
– Economic revolution changes European
society