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Colonization and the Commercial Revolution
The Commercial Revolution comprising of two hundred years of extensive changes in commerce and trade was fueled by mercantilism, which produced a global economy. This globalization can be seen as the worldwide lowering of geographic and economic barriers due to new technologies, trade policies, and occasionally military aggression. Mercantilism encouraged the establishment of overseas colonies as a means of increasing national wealth by any means possible. During this time there was the change from an agricultural way of life to a manufacturing economy, and the exporting of manufactured goods and the importing of raw materials and precious metals that cost thousands upon thousands of human lives. This will be shown to be true during this exploration of the extreme methods used by various countries to establish themselves as the wealthiest and most powerful nation on Earth.
Slavery is a prime example of the expensive cost of globalization through mercantilism. In 1490 during the exploration phase of the Spanish colonization efforts, Christopher Columbus stated “The gold, the glory and last but not least, God!” This clearly illustrates the Spanish values of wealth an
Approximate Word count = 793
Approximate Pages = 3 (250 words per page double spaced)
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