Economics Flashcards
1
Q
What treaty gave control to Spain and Portugal?
A
Treaty of Tordesillas
That gives Spain access of New World (expect Portugal that controls Brazil). Portugal also controls trade of Eastern Hemisphere.
This treaty prevents Iberian Peninsula war and brings Spain and Portugal wealth.
2
Q
Who controlled the slave trade?
A
Portugal controlled the slave traded for 150 years.
3
Q
What happens to the economic system?
A
It changes
