The Age Of Exploration And Its Effects On Economic And...

Summative As European economy grew, and became more reliant on a cash system, replacing the land-based system of feudalism. The power shift is prominent, shifting from the lords and nobles to the merchants of the middle class. The Age of Exploration has provided a framework for economic life around the world for several centuries while also shaping politics, social relations, cultures, and natural environments, changing the very nature of society. Of course the most important aspect of this modernistic convention would most certainly be the newfound relation between, capitalism and globalization and their effects on economic and political power. However some countries succeeded in their endeavour of international trade, while others did not. Europeans constructed and maintained their trade and territorial empires, whether through conquest, centralizing authority, religious conversion, commercial monopolies, or through conflict with other Europeans. Economics seems to be the most significant f actor in the production line of human progress. There has been no event in history that did not involve an aspect of economy. The basis of commerce in the Age of Exploration, led to growth of international trade that would eventually lead to the Industrial revolution. This foundation is heavily reliant on European powers enforcing economic trade around merchant capitalism and the existing monarchy monopolism ideologies.Trade within Europe would continue to facilitate economic growthShow MoreRelatedColonialism has plagued indigenous people worldwide and has spelled disaster for countless800 Words   |  4 Pagesreasons behind exploration and colonization including economic and tactical reasons, religion, and prestige. Colonialism has shaped the contemporary understanding of individuals from Niger as well as other parts of Africa and other places too, like the Chambri and Tlingit people; mainly in economics. Because of the colonial past of so many cultures, numerous indigenous people today face many issues. Today colonialism is still active, known as Neocolonialism, which has devastating effects on global culturalRead MoreThe World War II And The Middle East1332 Words   |  6 PagesFrom the 17th to the 20th centuries, imperialism served a mode of global exploration and expansion of economic, political and religious influence. Glory was at stake; the opportunity to expound upon their influence on the balance of power galvanized most of Europe to explore and colonize Central Europe, Africa, Asia, and the Middle East. In the period of European imperialism, imperialism served as conveyer of status and power in world affairs; the more imperialist territory, a more powerful nationRead MoreThe First Humans Were Hunter Gatherers907 Words   |  4 Pagesreplaced by capitalism an economic and political system. 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