Ginger purchase price per pound $100 $30 $20 $10 $90 $60 $85 $5 EUROPE $100 1. How much profit did a merchant make off 1lb Asian Ginger in the Middle East? 2. How much profit might a merchant make off 1lb Asian Ginger directly in India? 3. Explain why Europeans searched for a direct route to the Far East. CHINA $5

Gold Glory God

Improvements in Navigation HOW WAS IT POSSIBLE? Improvements in Navigation Better maps better ships INVENTIONS: Astrolabe / Compass knowledge of wind patterns

New Patterns of Trade

Columbian Exchange Over time, contact between Europe and the New World led to the widespread exchange of plants, animals and diseases. New plants and food helped increase life expectancy in Europe.

Effects Europeans developed a new type of economic policy called Mercantilism The basic principle of this policy is that a nation’s strength depended on its wealth

Effects A favorable balance of trade became a central goal for many mercantilist countries. This is when a country sells more goods than it bought from foreign countries This would increase a nation’s power and weaken its foreign competitors

Effects Sugarcane and Tobacco plantations. European powers wanted to establish colonies in order to control sources of raw materials and provide new markets for manufactured goods. Sugarcane and Tobacco plantations.

Effects Millions of Natives died as a result of the introduction to European diseases Native Americans had no natural resistance to diseases such as small pox, measles, influenza and malaria

Atlantic Slave Trade triangular trade A shortage of labor in the Americas led to the beginning of the Atlantic Slave Trade triangular trade

TRIANGULAR TRADE

Triangular Trade

African Diaspora The forced removal of Africans from their homeland led to new communities of Africans throughout the world African Diaspora refers to the relocation of Africans to other parts of the world, namely the Americas

Atlantic Slave Trade The first leg of the triangle consisted of ships carrying European goods to Africa to be exchanged for slaves. The second leg, known as the Middle Passage brought Africans to the Americas to be sold as slaves The third leg carried American products such as sugar, tobacco and rice to Europe