The so-called Age of Exploration was a period from the early 15th century and continuing into the early 17th century, during which European ships were traveled around the world to search for new trading routes and partners to feed burgeoning capitalism in Europe. A final result of exploration was a new economic policy called mercantilism. European rulers believed that piling up wealth was the best way to build their countries' power. For this reason, they tried to reduce the things they bought from other countries and increase the items they sold.
There were multiple most powerful countries in Europe during the Golden Age of Exploration. They included Spain, France, and England.
how exploration led to capitalism
how exploration led to capitalism
no
Inflation made supplies more expensive.
Inflation made supplies more expensive.
Inflation made supplies more expensive
It made Europe increasingly dependent on Africa for trade.
Simply, Inflation of printing too much paper money for weapons during the war.
Explorers caused their deaths( desease, murder, hard labor, etc.).
the limited supply of goods caused prices to rise.
the limited supply of goods caused prices to rise.