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Title: Worldwide Commerce 1450-1750
Description: Geared towards those taking World History, based on chap. 14 of Ways of the World textbook. Includes information on European and Asian commerce, gold and silver trade, fur trade, and slave trade.
Description: Geared towards those taking World History, based on chap. 14 of Ways of the World textbook. Includes information on European and Asian commerce, gold and silver trade, fur trade, and slave trade.
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Chapter 14: Economic Transformations
Commerce and Consequence
1450-1750
Europeans and Asian Commerce
● Factors for European Involvement
○ Desire for Asian spices
○ Changes in Europe- reliance on international trade
○ Problems abroad- Muslims had control of land routes, Venice had near
monopoly on trade with Alexandria
○ Trade deficits- had nothing to trade with Asia, not enough bullion
● A Portuguese Empire of Commerce
○ Prince Henry the Navigator
○ Got around Africa to Indian Ocean, but didn’t have goods wanted in Asian
markets
○ Had military strength so took over ports
■ Naval bases
■ Required merchants to purchase cartaz pass
■ Trading post empire
○ Assimilation into Asian trade
○ Decline after 1600
● Spain and the Philippines
○ Saw the Portugal was getting rich, wanted in on the action
○ Magellan’s Voyage 1519-1521
○ Colonized Philippines (r
...
5 million)
■ Primarily male
■ Used mainly for agricultural labor
■ Hereditary
■ Racially distinct- Africans
○ Sugar and other plantation crops
○ Why Africans?
■ Relatively close
■ Had already established link
■ Religious justification
■ Had some immunity
■ Available in substantial numbers
■ Were black- racism had been acquired
● Slave Trade in Practice
○ Suppliers: African slave traders
○ Eurasian goods to African consumers
○ Increasing pace of slave trade
○ Slaves were often POWs, debtors, and criminals
● Consequences: The Impact of Slave Trade in Africa
○ Demographic and economic problems
○ Social and political corruption
○ New challenges for most women- labor demands, polygamy, use of female
slaves grew
○ New opportunities for some women- marriage to European traders,
entrepreneuring, served as rulers or administrators
○ Options and choices for African states
■ Didn’t have to engage in slave trade
Title: Worldwide Commerce 1450-1750
Description: Geared towards those taking World History, based on chap. 14 of Ways of the World textbook. Includes information on European and Asian commerce, gold and silver trade, fur trade, and slave trade.
Description: Geared towards those taking World History, based on chap. 14 of Ways of the World textbook. Includes information on European and Asian commerce, gold and silver trade, fur trade, and slave trade.