CORE-UA 403 Lecture Notes - Lecture 17: Middle Ages, Indigo Dye, Ninety-Five Theses
Document Summary
He is an italian, but it"s significant in the economic history of europe that his voyages were financed by spain. The short version is that by the years following 1500, italy was in political and financial decline: part of the answer is that while the northern countries, especially england, America and to other countries, mainly to supply labor for plantations in tobacco and sugar. James lancaster commanded the first east india company voyage in 1601. The fuggers were venture capitalists : the term is modern, but the practice comes from the renaissance here, the english east india company is a good example. Shares in the virginia company as well as in the east india company are offered on the open market. If you are not already rich, you can"t play. Virginia company went for about in today"s money. The money would then be used to finance the company"s trading voyage.