Trade In The 1500s Essay

1494 Words3 Pages

Zynab Harleem
HIST 1220-06
3/2/2018
TRADE IN THE 1500-1700

Commerce is a very important determining factor a country successfulness in 1500s - 1700s. Commerce lead to conquests, development, warfare exchange of mainly goods and payments at the beginning of the 1500s.Trade between the 1500 - 1700 was a period of blooming expansions of the economic system (Weinstein, Donald, and Peter N. Stearns 2016). Commerce in the 1500s was international and explorational in terms of search for wealth to further develop the European communities after the black death. Commerce brought people of different backgrounds together leading to the formation of new relationships, interfered with the old ways, human rationality, humanity, significant changes in the …show more content…

The discovery of the Indian ocean route was a breakthrough to future developments and enhancement of European countries. In the early 1500s the population in Europe was growing after a decline due to the black death and so were its communities and trading centers. Countries like Spain, Portugal, England, and France started taxing people and using the taxes to equip and build their military which enhanced their trade relationship in the coming centuries. They were able to build bigger ships with taxpayers money to aid their conquest. The first set of goods that lead to the conquest were spices such as pepper, cinnamon, nutmeg, mace, and cloves (Robert Strayer and Eric Nelson 2016). Other commodities such as textiles, rubies, and sapphires were in demand too but not as high as those of the spice (Robert Strayer and Eric Nelson 2016). Trade created routes for exploration and exploitation. Since there was no proper road channel to get to other countries for trade, the important route of transportation was sea, where the big ships constructed using taxpayers money came in handy. The Portuguese were the first set of people that started the conquest by sailing down to the Indian Ocean. But there was a problem, other foreigners (non-Europeans) did not show much interest in …show more content…

Fur producing animals such as beavers, rabbits, sable, matten, and deer found in North America were used to produce fur and sold in European countries at quadrupled price. Not a lot of European traders were involved in trapping or hunting fur bearing animals, they bought the skin or furs from Indians and Native Americans that had hunted them in North America. In return for this trading activity Europeans introduced the Native Americans to alcohol, tobacco, guns, gunpowder, and other destructive goods that the Asians did not find attractive (Robert Strayer and Eric Nelson 2016). Hunting of these fur bearing animals lead to relocation and extinction these animals. Animals such as deer, beaver and many others moved deep into the forest to avoid being hunted. Fur prices varied with the weather, so during the cold seasons Europeans increased the prices of their fur. The disadvantage that came wit fur trade between the Europeans and Americans was that the American were exposed to the European diseases and they did not have access to medicine, the deaths that occurred from the diseases decrease the population of Native Americans (Robert Strayer and Eric Nelson 2016). Fur trade also led to the Native Americans to take advantage of the opportunity to rely more on European goods because they could not produce those goods. The Native Americans got along with the Europeans as some of them got

Open Document