1. The Age of Exploration Causes of Exploration:
Renaissance encouraged a spirit of adventure & curiosity
A desire to grow rich
A desire to spread Christianity
Technology:
Caravel (strong ship that could sail effectively against the wind)
Astrolabe (navigation tool that helped explorers determine their location at sea by determining latitude)
Magnetic compass

2. caravel

3. astrolabe

4. compass

5. Zheng He China, 1405

6. Zheng He

7. Christopher Columbus Spain, 1492

8. Vasco de Gama Portugal, 1497

9. Ferdinand Magellan Portugal, 1519

10. Samuel de Champlain France, 1608

11. James Cook England, 1769

12. Consequences of the Age of Exploration
The Slave Trade
The Columbian Exchange
The Global Economy

13. The Slave Trade

14. Slave Trade
Reasons why Europeans preferred slaves over indigenous populations:
Slaves were immune to diseases carried by Europeans.
Slaves had experience in farming and plantation agriculture.
Slaves were less likely to escape and easier to oppress because they were not familiar with the land.

15. Slave Exports on the Trans-Atlantic Route

16. The Columbian Exchange
The global transfer of plants, animals, and diseases that occurred during the European colonization of the Americas

17. Old World or New World?
Old World

18. Old World or New World?
New World

19. Old World or New World?
Old World

20. Old World or New World?
New World

21. Old World or New World?
Old World

22. Old World or New World?
New World

23. Old World or New World?
New World

24. Old World or New World?
Old World

25. The Columbian Exchange

26. The Global Economy
Capitalism – An economic system based on private ownership and the investment of resources (like money) for profit.
Capitalism caused a shift in power from Kings to merchants. As a result, business across Europe grew and flourished.

27. The Global Economy
Mercantilism – The theory that a country’s power depended on it’s wealth…
Get as much gold and silver as possible
Establish a favorable balance of trade (sell more goods than you buy)
Colonization was central to the system of mercantilism, providing Europe with raw materials and markets where it could sell goods.

28. The Global Economy
Joint Stock Companies – A number of people combine their wealth for a common purpose (investing in colonies)
Joint stock companies were like modern day corporations. Investors shared in risks and profits.