answersLogoWhite

0

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.

User Avatar

Wiki User

12y ago

What else can I help you with?

Related Questions

What country was powerful in Europe during the golden age of exploration?

There were multiple most powerful countries in Europe during the Golden Age of Exploration. They included Spain, France, and England.


How did exploration and trade contributed to the growth of capitalism in Europe during this time?

how exploration led to capitalism


How exploration and trade contributed to the growth of capitalism in Europe during this time?

how exploration led to capitalism


Did rulers discourage exploration outside of Europe during the Renaissance?

no


What caused northern businesses to suffer during war?

Inflation made supplies more expensive.


What caused the Northern Businesses to suffer during the war?

Inflation made supplies more expensive.


What reasons caused the northern businesses to suffer during the war?

Inflation made supplies more expensive


During the Renaissance (14th to 17th century) Europe saw a rise in sea navigation and exploration to North and South America. How did this exploration affect Europe's trade market with Africa?

It made Europe increasingly dependent on Africa for trade.


What caused the dollar to be devalued during the American Revolution?

Simply, Inflation of printing too much paper money for weapons during the war.


What caused the death of Native Americans during the Ages of Exploration?

Explorers caused their deaths( desease, murder, hard labor, etc.).


Why did inflation in the north and south occur during the civil war?

the limited supply of goods caused prices to rise.


Why did inflation occur in the north and the south during the civil war?

the limited supply of goods caused prices to rise.