The Creation of Global Economy of Spain and Portugal Flashcards
KEY FACTORS THAT SHAPED THEIR ECONOMIES DURING THE 16TH CENTURY
Age of Exploration
Colonial Trade
Mercantilism
Transatlantic Slave Trade
Decline and Competition
Legacy
During the ___, Spain and Portugal were two of the most powerful and influential nations in the world, largely due to their extensive overseas empires
16th century
The 16th century marked the pinnacle of the
AGE OF EXPLORATION
Portuguese navigator whose voyages to India (1497-99, 1502-03, 1524) opened up the sea route from western Europe to the East by way of the Cape of Good Hope
VASCO DA GAMA
He was best known for being the first to sail from Europe to India
VASCO DA GAMA
The southernmost tip of South Africa’s Cape Peninsula is called the ____. It is known for the stormy weather and rough seas encountered there
Cape of Good Hope
Portuguese navigator and explorer who sailed under the flags of both Portugal (1505-
13) and Spain (1519-21).
From Spain he sailed around South America, discovering the Strait of Magellan, and across the Pacific
FERDINAND MAGELLAN
is credited with masterminding the first expedition to circumnavigate the world.
Ferdinand Magellan
master navigator and admiral whose four transatlantic voyages (1492- 93, 1493-96, 1498-1500, and 1502-04) opened the way for European exploration, exploitation, and colonization of the Americas. He has long been called the “discoverer” of the New World
CHRISTOPHER COLUMBUS
He was at first full of hope and ambition, an ambition partly gratified by his title “Admiral of the Ocean Sea
CHRISTOPHER COLUMBUS
conquistador who overthrew the Aztec empire (1519-21] and won Mexico for the crown of Spain. He was a central figure in the military, political, and economic colonization of Mesoamerica in the 16th century, and most notable for his role in the destruction of the Aztec Empire in 1521
HERNAN CORTES
The Aztec Empire or the Triple Alliance was an alliance of three Nahua city-states;
Mexico- Tenochtitlan , Tetzcoco, and Tlacopan.
Spain and Portugal established ______ with their colonies.
lucrative trade networks
is a nationalist economic policy that is designed to maximize the exports and minimize the imports for an economy. In other words, it seeks to maximize the accumulation of resources within the country and use those resources for one-sided trade.
Mercantilism
The company was formed to share in the East. Indian spice trade. That trade had been a monopoly of Spain and Portugal until the defeat of the Spanish Armada (1588) by England gave the English the chance to break the monopoly.
Portuguese East India Company