Commercial Revolution

Sameet Sapra

Definition (What It Is)

Economic Expansion Colonialism Mercantilism 1415 to 1650s Portugal was a leader

Causes (Motives)
Profit Renaissance Curiosity

Opportunities (Political and Economic)

New Route for Asian Spice Markets (Ottomans) Government Support Eager to learn more Desire to Christianize Muslims

Effects
Trade (Columbian Exchange) Rapid Inflation (price revolution)- lots of money, few goods

Agricultural Revolution
Golden Century of Spain Insecurity (contradicting Scriptures) Colonialism Slavery (African Slave Trade)

Important Technology
Magnetic Compass- direction Astrolabe- latitude Nocturnal- determine time Improved Maps Cannon- only sea

Caravel- three-masted sailing ship

Important People
Prince Henry- Portugal Bartholomew Diaz- Portugal Vasco da Gama- Portugal Christopher Columbus- Spain Ferdinand Magellan- Spain Hernando Corts- Spanish conquistador Francisco Pizarro- Spanish conquistador John Cabot- England Jacques Cartier- French