Renaissance: Economic Growth In The Late Middle Ages

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1. In the late Middle Ages, economic growth was accompanied by the expansion of commerce. The rising merchants traveled to gain control of the Mediterranean trade. Commercial expansion stimulated the growth of markets and towns. Merchants wanted to travel to new lands in order to gain more wealth. The Renaissance celebrated the human possibility. It was the revolution of learning that was made possible by the printing press. The Renaissance was a revolution of exploration. One of the artistic trends of the Renaissance was humanisn, a revolt against religious authority in which human life on earth took precedence over the afterlife of the soul. This outlook was a very important component of the spirit that motivated the exploration…show more content…
There was social and political chaos. The monarchs of Western Europe took advantage of this and began to replace the lords as the people in power. The promised internal order and began building royal bureaucracies and armies and navies. They found support amongst the merchants who wanted royal contracts and trading monopolies. This alliance between commerce and political power helped to prepare the way for European…show more content…
Some of the exchanges that took place between the Old World and the New World included sugar, coffee, vegetables, precious metals, livestock, and diseases. These exchanges had both good and bad effects. Precious metals seemed to be a good thing, but they were plundered from the Aztec and Incan empires and usually melted down, destroying artifacts from those societies. Because these metals were so abundant, it caused inflation, thus actually lowering the standard of living for most in Europe. The crops helped to provide good food for the peasants of Europe and Ireland, helping to end the huge problem of famine. Crops that were brought form the Old World to the new, such as sugar, rice, and coffee help start new industries and markets. Livestock brought to the New World supplied power and meat. Horses helped the Spanish prepare for conquer of the native Indians. Sadly, diseases brought from the Old World wiped out many native civilizations in the New World. 4. The pattern of colonial contact in the Northeast was based more in commerce and trading. They established relationships with the natives with an exchange of goods and ideas. The fisherman were not really interested in conquest, but rather a mutually successful relationship that was beneficial to both. The colonial contact in the Caribbean and Mexico was based mostly on conquest. Spain wanted to conquer and take over these lands. They simply took over a land and made the natives their slaves to create
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