HIST 102 Lecture Notes - Lecture 7: Portuguese India, Spice Trade, Mercantilism
Document Summary
Inflation: china is hoarding 80% of silver, goal is completely subverted. What were some of the difficulties encountered by the early voyages from portugal to the. Indian ocean: wooden ships rot, rest and pay of crew, long distances, lack of freshwater, portuguese targets of pirates. What were the challenges to the portuguese monopoly: absorbed by spain, portuguese without heir, spain now controls all global trade. Invest in trade of one ship: armed trading vessels, profit divided among shareholders, company dissolved, led to joint stock company that is ongoing, beginning of capitalistic ideas, control of trade rather than monopoly. How were their incursions into india and south asia different from those of the portuguese: do(cid:374)"t tr(cid:455) to christia(cid:374)ize, more intrusive, forced labor. What did the dutch learn about the local cultures: attempted to learn about local culture, food, religion, created booklets of information to pass along.
