CGS SS 102 Lecture Notes - Lecture 1: Mercantilism, Smallpox, Commercial Revolution

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Early modern: beginning of modern era in western europe. Modern: exploration, trade, discovery, new technology, innovations in finance, scientific revolution, renaissance, reformation. Had an understanding of world around them. Understood that there were other people outside of europe, but didn"t interact with them very much. Marco polo: italian man who traded with chinese. Start to make empires again like they did in ancient times. Middle ages: time of trading and isolation. Enabling factors of european exploration and trade overseas: Had wealthy families that increased banking, so they can pay for voyages overseas (loans, etc. ) State building: growth and development of central gov"t. Kings and queens have control over entire state. Commercial revolution: europeans had new innovations/progress in banking and finance. Gov"t is working and developing at this time which helps economy grow. Bureaucracy: monarchs are able to take advantage of this which helps the gov"t grow. Taxes, running down laws: makes gov"t more advanced.

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