History 1803E : Charted Companies.docx
12 Dec 2012
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Document Summary
The fall of constantinople at the hands of the turks in 1453 resulted in the demise of oriental trade as the spread of islam in the east took a strong foothold. This led to the first voyages in discovering a safer and more direct trade route to china across the atlantic led by the spanish backed christopher columbus who discovered the americas. As the countries in europe prepared for further exploration of the. East indies, the mughal empire led by prince babur; a descendant of both timur of central. Asia and gengis khan of the far east, set up base in kabul and went on to conquer a majority of the asian sub-continent. As a result trade between the different empires was regulated and avoided controversy. This british establishment coupled with the formation of the. Dutch east india company two years later among others signaled a change in global trade. 1 mccusker, john j history of world trade since 1450.
