European Expansion. 1450 - 1700. The Big Questions. Why do nations expand? What impact does exploration and expansion have on economics ? What impact does exploration have on society's values and ideals?. Portugal. Not a wealthy country but had a history of seafaring
1450 - 1700
Why do nations expand?
What impact does exploration and expansion have on economics?
What impact does exploration have on society's values and ideals?
Established trading posts on the African coast
Diaz – Cape of Good Hope
Vasco da Gama – succeeded in going around the Cape of Good Hope to India failed to establish any trading alliances
Lisbon capital for import of Asian goods
1511 Defeated Muslim controlled port city-states in India – laid the foundation for Portuguese imperialism (16th and 17th cent.)
Columbus Hispaniola and Cuba
AmerigoVespucci South America (modern day Venezuela)
Ferdinand Magellan circumnavigated the globe, took 3 years (he died in the Philippines on the way)
Hernado Cortes Mexica Empire (interior Mexico)
Francisco Pizarro Incan Empire (interior Peru)
Both Spain and Portugal have claims in the Atlantic
Treaty was signed to settle competing claims to Atlantic discoveries between Spain and Portugal
Spain got the west
Portugal got the east
Capitalism – economic system based on private ownership and use of capital
Capital – wealth in the form of property/money used to make more money (land, tools, machinery, ships, shops, ect.)