History 2301E Lecture Notes - Lecture 2: Religious Persecution, British America, Olaudah Equiano
28 Mar 2017
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History 2301e the united states: colonial period to present lecture 2. Reasons for european exploration and expansion by 1500: Access to more resources, territory, funds (able to fund exploration: political unification, economics: More efficient ways of transferring money and credit. Transcontinental trading networks (europe connected to asia and africa) Inflation was harmful to europe"s peasants, but could enrich others (a pool of money for colonial investment) The creation of a joint-stock company (let investors invest money: mercantilism, protestant reformation: Emphasized how nations could turn economic power into political power. Argued that the total amount of wealth in the world was fixed. Columbus thought his actions would bring about the next coming of christ. Likeminded people clustered in the new world together. A word on the settlements of the 1500"s: Colonization was not the original goal of early explorers. Created a system that demanded natives provide labor for them.
