HIST113 Lecture Notes - Lecture 1: Capitalism, John Cabot, London And Bristol Company
17 Sep 2017
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Document Summary
Political concerns not always allied with business. Importance of staple or raw materials in business and history of canada. Business and economy base on development and export of raw materials. World economy - trade, capital ow , technology, ideas. Fishermen: the nature and operation of the shing business, relationship of shing business to settlement. Factors leading to european exploration, development of empires, and expanded trade. Combination of interests of european monarchs and businessmen. Growing power of european nations and kings. Political unity and national stability in europe. Uni cation of the nation-state with strong, centralized governing authorities. Seek to develop empires and acquire wealth. Political policies further stimulated expansion of trade and commerce. Navigation acts (britain): regulated trade and commerce between britain and colonies, intended to increase economic power. Mercantilism: main economic theory guiding european policy, state would seek to achieve a surplus of exports over imports. Goal to accumulate and control much of the world"s wealth.
