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European mercantilism in the 16th and 17th centuries led to the establishment of colonial empires, as nations sought to acquire resources and markets to enhance their wealth and power. This economic theory emphasized a favorable balance of trade, prompting European countries to exploit colonies for raw materials and establish trade monopolies. Additionally, mercantilism contributed to intense competition and conflict between European powers, influencing global trade patterns and fostering the rise of capitalism. The system ultimately laid the groundwork for modern economic practices and international relations.
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What did the great scientific discoveries of the 16th and 17th centuries lead European scholars to believe?
B. The universe was orderly and operated according to fixed rules
The European kingdom which took the lead in overseas exploration?
English
Which European country lead the way in overseas exploration?
Portugal was the leading European country in overseas exploration during the Age of Discovery in the 15th and 16th centuries. Under the patronage of Prince Henry the Navigator, Portuguese explorers mapped much of the West African coast and were the first Europeans to reach India by sea, with Vasco da Gama's voyage in 1498. Their advancements in navigation, shipbuilding, and cartography laid the groundwork for subsequent explorations by other European powers.
Which European power took the lead in spending out voyages of exploration?
Portugal
What was the nation that lead the way for European expansion into the Americas?
Portugal led the way to European expansion, mainly because of its advancement in the making of ships and maps.
What did the great scientific discoveries of the 16th and 17th centuries lead European scholars to believe?
B. The universe was orderly and operated according to fixed rules
How did mercantilism lead to the triangle trade?
Mercantilism, an economic theory prevalent in the 16th to 18th centuries, emphasized the importance of accumulating wealth, primarily gold and silver, through a favorable balance of trade. European nations sought to maximize exports while minimizing imports, leading to the exploitation of colonies for raw materials. This demand for resources fueled the Triangle Trade, where European powers transported manufactured goods to Africa, exchanged them for enslaved people, who were then shipped to the Americas to work on plantations, producing cash crops that were sent back to Europe. Thus, mercantilism directly contributed to the establishment and operation of the Triangle Trade network.
Which technology developed during the 15th to 17th centuries helped lead transoceanic exploration and European expansion?
The sextant and chronometer. The first made possible to determine latitude and the second longitude (relative to Greenwich).
How did mercantilism and the establishment of colonies lead to increased global trading during the 17th and 18th centuries?
it lead to increased global trading because when the colonies established there was another place to trade with, not only for england but also for other places like africa and the british west inides. And it was over the world hints the word "global". And mercantilism because it said the colonies HAD to send for example wood to england then england would make a chair and send it back anf th colonies would buy it. That's trading instead of the colonies just making the chair, then there wouldn't be as much trading. -KKS
What did mercantilism lead to?
Mercantilism lead to the catalog sales book. People that did not find what they wanted in the mercantile store, could order it out of a catalog. The first such catalog of this type was printed by the Sears Roebuck Company.
How did the idea of mercantilism lead to the age of exploration?
because trading was happening
In the 1500s and 1600s many European nations practiced mercantilism because of what?
In the 1500s and 1600s, European nations practiced mercantilism because it emphasized the importance of accumulating wealth, particularly gold and silver, to enhance national power and security. Governments believed that a favorable balance of trade, where exports exceeded imports, would lead to national prosperity. This economic theory encouraged colonial expansion, as nations sought to acquire resources and markets for their goods. Additionally, mercantilism supported state intervention in the economy to regulate trade and promote domestic industries.
How did the scientific revolution of the 17th and 18th centuries lead to changes in the way people thought?
The scientific revolution of the 17th and 18th centuries led to changes in the way people thought by promoting a shift towards empirical observation, experimentation, and skepticism of traditional beliefs. This period encouraged a focus on reason, evidence-based knowledge, and questioning of established authorities. It laid the foundation for modern scientific inquiry and rational thinking.
Which technology developed during the to centuries helped lead to transoceanic exploration and European expansion?
Printing presses is correct in this case.... (Found in another website. people found it useful.)
How did the scientific revolution of 17th and 18th centuries lead to changes in the way people thought about society and government?
The scientific revolution of the 17th and 18th centuries emphasized reason, empirical evidence, and critical thinking. This shift in thinking influenced social and political ideas, promoting the idea of individual rights, equality, and the belief in progress. These new principles laid the foundation for Enlightenment philosophy and paved the way for democratic governance and human rights movements.
Why were European merchants concerned about the supply of gold and silver?
European merchants were concerned about the supply of gold and silver because these precious metals were essential for trade, wealth accumulation, and the stability of currencies. Limited supplies could lead to inflation and economic instability, impacting their businesses and profits. Additionally, gold and silver were crucial for financing overseas ventures and establishing trade routes, making their availability vital for expanding European mercantilism and imperial ambitions.
How did exploration and colonialism lead to the growth of capitalism market economy and mercantilism?
When the people went to explore, they found spices, plants, animals, and food. So these items led to producing a market economy, supply and demand, capitalism, and mercantilism.
