Often asked: What Technical Developments Made Transoceanic European Travel & Trade Possible?

What made transoceanic travel and trade possible?

(such as caravels) and an improved understanding of global wind and currents patterns, all of which made transoceanic travel and trade possible. Ocean region with the naval voyages led by Ming Admiral Zheng He which enhanced Chinese prestige.

How did science technology and knowledge aid transoceanic travel and trade?

Answer: European developments in cartography and navigation was a scientific way that aided in transoceanic travel and trade. These new innovations boosted transoceanic travel.

What kind of technology helped Europeans to create their maritime empire?

Imperial expansion relied on the increased use of gunpowder, cannons and armed trade to establish large empires in both hemispheres.

How did technology help increase the motivation for the silver trade?

There are aspects to which technology has facilitated growth such as silver trade. Silver is a precious metal that has been converted into currency in global markets. Technology provided a readily available market. Through technology, market deals were open for negotiation while the money was in silver.

Why is the Columbian Exchange not a trade system?

Type response here: Historians don’t consider the Columbian Exchange as a trade system like the Silk Roads or the Indian Ocean because the Euopeans were not influential: they merely advanced the technology and without them being involved in trade before, they did little to no trading with other regions.

What new financial and monetary means made new scale’s of trade possible?

What new financial and monetary means made new scale ( s) of trade possible? The creation of stock companies made it less risky to invest in exploration and colonization for rich people. This meant more resources for Europeans; who could now trade at a much greater scale.

What new technologies helped European explorers cross oceans?

The five major advancements of the Age of Exploration were the astrolabe, magnetic compass, caravel, sextant and Mercator’s projection.

What technology did the old world bring to the new?

Technological innovation: European colonization of the Americas was made substantially easier through several technological innovations like compasses, caravels, and astrolabes. It affected economic development by making it possible for large scale trade networks between the Old World and the New World to develop.

How did technological innovation impact the age of exploration?

During the Age of Exploration many tools were needed to help it flourish. These tools were helpful mainly because they helped explorers travel across seas. The explorers were able to make their discoveries mainly because of these technological innovations.

What were some of the economic outcomes of European maritime exploration?

The voyages of explorers had a dramatic impact on European trade. As a result, more goods, raw materials and precious metals entered Europe. Merchants gained great wealth by trading and selling goods from around the world. They then could use their profits to finance other voyages and to start trading companies.

What were the sea based empires?

1. Sea Empires: Portugal, Spain, Dutch Republic, England, France. 2. Land empires: Russia, Ottoman empire, Safavid Persia, Mughal India, China, Japan.

Why did Europeans want an alternate route to Asia?

European rulers from the countries of Portugal, Spain, France, England, and the Netherlands wanted to increase their power by trading silks and spices found in Asia. To achieve their goal, they needed to find a sea route to Asia!! Spanish and Portuguese explorers traveled in two directions.

How did Silver trade impact the world?

Eventually, this trade had profound effects on West African society: It reoriented trade routes toward the coast rather than across the Sahara, which led to the decline of interior states. It also led to an increasing traffic in humans to work, among other places, in the silver mines of the Americas.

Why did a majority of silver end up in Spain and China?

The Spanish, along with other European nations, had a great desire for Chinese goods such as silk and porcelain. The Europeans did not have any goods or commodities which China desired, so they traded silver to make up for their trade deficit.

What impact did the massive influx of New World silver have on Spain and its economy?

What was the impact of New World silver on the European economy? Profitable product of mining which prompted thousands of fatalities among indigenous workers and disastrous inflation in Europe called “the Price Revolution.”