Log In

Summary of European Maritime Expansion: Mercantilism

History

Teachy Original

European Maritime Expansion: Mercantilism

Objectives

1. Understand the main economic and strategic factors that drove European maritime expansion, paying special attention to the roles of Portugal and Spain.

2. Identify and analyze the strategies and challenges faced by navigators during the Age of Exploration.

3. Discuss the implications of mercantilism on international relations and the formation of the modern world.

Contextualization

Did you know that the fierce competition between Portugal and Spain was not just about claiming new territories, but also about securing valuable spices that were more precious than gold in those days? This pursuit not only redefined the world map but also brought in new flavours and ingredients that transformed European cuisine, influencing our diets even today!

Important Topics

Economic and Strategic Factors

Economic and strategic considerations played a pivotal role in prompting European maritime expansion. The quest for new trade routes for spices and other valuable commodities arose from the desire to bypass Muslim and Venetian middlemen who had a tight grip on trade between Asia and Europe. This economic pressing need, combined with technological breakthroughs like the compass and astrolabe, allowed Europeans to venture into uncharted territories.

  • The hunt for spices and precious metals compelled European countries to invest heavily in maritime voyages.

  • Technological innovations, such as the caravel, compass, and astrolabe, were vital for the triumph of the Age of Exploration.

  • Intense competition among European nations propelled exploration to carve out new routes and markets, surpassing rival powers.

Pioneering of Portugal and Spain

Portugal and Spain emerged as trailblazers of the Age of Exploration, each adopting unique strategies and objectives that considerably influenced the course of maritime expansion. Under the guidance of Prince Henry the Navigator, Portugal concentrated on trade along the African coast and subsequently charted a path to India. Spain, buoyed by Portuguese successes, commissioned Christopher Columbus’s journey, which led to the unearthing of the Americas—opening a new chapter for European colonization.

  • Portugal established trading routes along the African coast, setting up trading posts that bolstered commerce and geographical knowledge.

  • Christopher Columbus’s voyage, backed by Spain, resulted in the discovery of America, a landmark outcome that reshaped global trade.

  • The Treaty of Tordesillas between Portugal and Spain illustrates the rivalry and diplomatic negotiations over the division of newly discovered territories.

Mercantilism

Mercantilism served as the guiding economic theory for European states during the Age of Exploration. It underscored the significance of amassing wealth through territorial control and monopolization of trade. Precious metals, particularly gold and silver, were deemed imperative for enhancing national power, leading to an era characterized by aggressive colonialism and the exploitation of overseas lands.

  • Mercantilism promoted a favourable trade balance and the hoarding of precious metals, fuelling colonial pursuits.

  • The rise of trade monopolies, like the East India Companies, which managed and regulated trade between the home country and its colonies.

  • The exploration of natural and agricultural resources in the colonies played a key role in sustaining European economies.

Key Terms

  • Maritime Expansion: This term refers to the period roughly spanning the 15th to the 17th centuries when European nations explored and colonized extensive regions of the world, establishing trade routes and overseas possessions.

  • Mercantilism: An economic framework that dominated Europe from the 16th to the 18th centuries, marked by heavy state intervention aimed at increasing national wealth through the accumulation of precious metals.

  • Caravel: A type of ship innovated by the Portuguese in the 15th century, noted for its agility and ability to sail against the wind, essential for long-distance travels during the Age of Exploration.

For Reflection

  • In what ways did the rivalry between Portugal and Spain during the Age of Exploration impact political and economic dynamics among other European nations?

  • How did advancements in nautical technology reshape global perceptions and influence interactions between diverse cultures and economies?

  • What consequences did mercantilism have on the relationships between European powers and their colonies, and how did this influence contemporary socioeconomic structures?

Important Conclusions

  • We examined the economic and strategic drives behind European maritime expansion, particularly focusing on the significant roles played by Portugal and Spain.

  • We evaluated how mercantilism shaped economic policies and international relations, prioritizing wealth accumulation and territorial growth.

  • We discussed the challenges navigators faced and how technological progress in navigation was decisive during the Age of Exploration.

To Exercise Knowledge

Create a concept map that connects key explorers, the paths they charted, and the products they traded. Use different colours and symbols to represent the various nations and their contributions.

Challenge

Merchant Challenge: Imagine you are a 16th-century merchant. Draft a business plan for an expedition, selecting your route, cargo, and anticipating potential challenges. Present your plan in an engaging 3-minute video.

Study Tips

  • Utilize visual aids like historical maps and timelines to better grasp maritime routes and pivotal events.

  • Dive into the biographies of renowned explorers like Vasco da Gama and Christopher Columbus to understand their motivations and the hurdles they faced.

  • Get active in online discussion groups or study circles to explore the ramifications of mercantilism and its role in shaping modern economies.

Recent comments
No comments yet. Be the first to comment!
Iara Tip

IARA TIP

Want access to more summaries?

On the Teachy platform, you can find a variety of resources on this topic to make your lesson more engaging! Games, slides, activities, videos, and much more!

People who viewed this summary also liked...

Community img

Join a community of teachers directly on WhatsApp

Connect with other teachers, receive and share materials, tips, training, and much more!

Teachy logo

We reinvent teachers' lives with artificial intelligence

Instagram LogoLinkedIn LogoTwitter LogoYoutube Logo
BR flagUS flagES flagIN flagID flagPH flagVN flagID flagID flag
FR flagMY flagur flagja flagko flagde flagbn flagID flagID flagID flag

2023 - All rights reserved

Terms of UsePrivacy NoticeCookies Notice