Chapter 14 part 1
Economic transformations were taking place between the 1450-1750 time period. As the Europeans were eager to break into Asian commerce; their main goal being to acquire exotic spices (such as cinnamon, nutmeg, mace, cloves, and most importantly pepper). This rich market of commerce stretched between East Africa and China. Successfully breaking into this market meant that the Europeans would get some relief with recovery from the tragedy known as the Black Death. Because of their limited resources, the Europeans had to trade in gold and silver in exchange for spices and textiles from Asia. Joining this line of commerce also meant the developing of new relationships between Europe and Asia. Though many Europeans joined the market, the Asians were the ones that dominated it.
Comments
Post a Comment