ECON 2060 Chapter Notes - Chapter 2,3,5: Canary Islands, Plymouth Colony, Bartolomeu Dias

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Center commerce and wealth was med sea. Security of property established laws, political entities, led to more commerce in europe. Population also recovered from famine and plagues. Prince henry the navigator led conquests of madeira, canary islands, azores. 1488 bartholomeu dias rounded cape of good hope and was forced to return before india. 1522 vittoria (ferdinand magellan) circumnavigated the globe. Treaty of tordesillas- granted spain lands west of cape verde islands (1100 miles) Spain wanted americas for mines and christianity but they struggled to exist as permanent settles. Portugal and spain: expanding empires instead of occupying rulers. Holland had ny but emphasised trading posts instead of colonization. English won over the french and dutch b/c of permanent settlements. Acted like it was temporary, traded with latin america. While returned and they all had died. Desire to immigrate came from wanting land and higher standard of living.

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