01:506:201 Lecture Notes - Lecture 16: Post-Classical History, France 2, Europe 1

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Chapter 16.
The World Economy
1. I. Introduction
1. A. What are consequences of…
1. 1. Voyages of Columbus
2. 2. Exploration of Europeans
3. 3. Empires built by European conquerors/missionaries
2. B. Consequences
1. 1. Power shift
2. 2. Redefinition of interchange
3. D. Patterns of diffusion
1. 1. Classical developing regional economies/cultures
Medit./China
1. a. External conflicts existed, but not that important
2. 2. Postclassical Era contacts increase
1. a. Missionary religions spread
2. b. Interregional trade key component of economies
bet. continents
3. c. Some regions dominated trade Muslims then
Mongols
3. 3. 1450-1750 Eve of the Early Modern Period
1. a. New areas of world brought into global community
Americas
2. b. Rate of global trade increased Southeast Asia
3. c. Relationships between groups changed power
structure
4. d. Effects on Europe dominated trade
1. 1. Changes within Europe
2. 2. Parts of world become dependent on Europe
3. 3. Used New World goods to pay for Old World
luxury items
1. a. Americas > Silver > China
4. E. Foods
1. 1. 30% of world’s food comes from Americas – potato, corn
1. a. Corn embraced by Africa later by Europe
1. 1. Thought spread plague also not in Bible
is it kosher?
2. II. The West’s First Outreach: Maritime Power
1. A. Introduction
1. 1. Western nations unprecedented mastery of oceans
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1. a. Spain, Portugal > Britain, Holland, France
2. 2. Who pushes trade? Princes, clergy, merchants
1. a. Muslims superior economy, goods
1. 1. European nobility used to luxury goods
2. b. Mongols sped up exchanges
3. c. Fall of Khans China a mystery again
3. 3. What were Europe’s disadvantages?
1. a. Ignorant of world earth flat? Indigenous warriors
2. b. Fear of Ottoman Empire
3. c. Lack of gold to fund
4. d. Limited distance of small, oar-propelled ships
2. B. New Technology
1. 1. What were the key technological innovations that helped
with trade?
1. a. deep ships able to carry a lot of
armaments/weapons
2. b. compass
3. c. mapmaking
4. d. explosives adapted to gunnery
1. 1. Metallurgy adapted Chinese invention
5. e. Europe has unprecedented advantage on sea
3. C. Portugal and Spain Lead the Pack
1. 1. Why Portugal?
1. a. Western geographic location
2. b. Rulers
1. 1. Excitement of discovery
1. a. Could harm Muslim world
2. b. Could get really rich
3. c. Henry the Navigator 1434 African
Coast
4. d. 1488 Around Cape of Good Hope
5. e. 1498 Vasco de Gama
1. 1. Threatened by Spain
Columbus 1492
2. 2. Four ships + Hindi pilot from
Africa > India
3. 3. Brought iron pots, gold for spices
4. 4. Ships threatened, killed Indian
merchants
6. f. Portuguese then hit Brazil, Africa, India,
China, Japan
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2. 2. Why Spain?
1. a. Recently freed from Muslim rule
2. b. Missionary zeal
3. c. Desire for riches
4. d. 1492 Columbus India/Indies earth
round
1. 1. Mistaken Americas > “Indians”
2. 2. Amerigo Vespucci realized
New World
5. e. 1521 Magellan rounds Southern tip
heads to Indonesia
6. f. 16th century Spanish sent military
force to back up American claims
4. D. Northern European Expeditions
1. 1. End of 16th century Holland, France, England join
game why?
1. a. Strong, wealthy monarchies
2. b. Zealous Protestants want to rival Catholics
3. c. Spain/Portugal become complacent
4. d. N. Europe lighter, faster ships 1588 Spanish
Armada defeated shift in power
5. e. Spain/Portugal already controlled S. America
1. 1. N. European focused on N. America
2. 2. Interest in Americas
1. a. Market for English woolens
2. b. Fish
3. c. French trappers
4. d. Nortwest passage Hudson
3. 3. Dutch freed from Spain Holland begins
exploring
1. a. Pushed Portuguese from Indonesia
2. b. S. Africa as relay station
4. 4. Creation of trading companies
1. a. Dutch East India Company/British East
India Company
2. b. Government monopolies of all
commerce
3. c. Not supervised
4. d. Raise armies/coin money
5. e. Essentially more powerful than
independent governments
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Document Summary

Redefinition of interchange: d. patterns of diffusion, 1. External conflicts existed, but not that important: 2. Postclassical era contacts increase: a. missionary religions spread, b. interregional trade key component of economies bet. continents, c. some regions dominated trade muslims then. 1450-1750 eve of the early modern period: a. New areas of world brought into global community. Rate of global trade increased southeast asia: c. relationships between groups changed power structure, d. effects on europe dominated trade, 1. Parts of world become dependent on europe: 3. Used new world goods to pay for old world luxury items: a. americas > silver > china, e. foods, 1. 30% of world"s food comes from americas potato, corn: a. Corn embraced by africa later by europe: 1. Thought spread plague also not in bible : ii. The west"s first outreach: maritime power is it kosher: a. Princes, clergy, merchants: a. muslims superior economy, goods, 1.

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