By gaining control over as much land as possible, Europeans could establish cheap sources of raw materials for the production of finished goods. Apex
C. to increase economic oppurtunity was the main motivating factor for European maritime expansion in the sixteenth and early seventeenth centuries
C. to increase economic oppurtunity was the main motivating factor for European maritime expansion in the sixteenth and early seventeenth centuries
C. to increase economic oppurtunity was the main motivating factor for European maritime expansion in the sixteenth and early seventeenth centuries
C. to increase economic oppurtunity was the main motivating factor for European maritime expansion in the sixteenth and early seventeenth centuries
C. to increase economic oppurtunity was the main motivating factor for European maritime expansion in the sixteenth and early seventeenth centuries
The mercantilism system was an economic system prevalent in the 17th and 18th centuries. It relied on the European countries deriving wealth from their colonies.
European nations benefited from their African colonies in several ways, including access to valuable natural resources, new markets for their goods, and opportunities for economic and political expansion. Additionally, colonies provided a source of cheap labor and military manpower for the European powers.
Most colonies were located on the continents of Africa, Asia, and the Americas. European countries established colonies in these regions for various reasons including access to resources, economic benefit, and expansion of their empires.
By gaining control over as much land as possible, Europeans could establish cheap sources of raw materials for the production of finished goods. Apex
European expansion beyond the seas in the 15th and 16th centuries was driven by a combination of economic, political, and technological factors. The desire for new trade routes and access to valuable resources, such as spices and precious metals, fueled competition among European powers. Advances in navigation technology, including the development of the compass and improved ship designs, enabled longer sea voyages. Additionally, the quest for territorial expansion and the spread of Christianity motivated explorers and monarchs to seek new lands and establish colonies.
Three causes of European expansion are; economic causes, internal political stresses, international tensions.
European mercantilism significantly shaped the economic and social structures of American colonies by prioritizing the extraction of resources and raw materials for the benefit of the mother countries. Colonies were often restricted to trade exclusively with their European powers, limiting their economic independence and growth. This system fostered a reliance on agriculture and resource extraction, leading to the establishment of plantation economies, particularly in the Caribbean and the Southern colonies. Additionally, mercantilism contributed to social hierarchies and conflicts, as the demand for labor resulted in the expansion of slavery.