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Economic strategies to consolidate and maintain power
Mercantilism
wanted more exports than imports
Joint-stock companies
Joint-stock companies
owned by investors who bought stocks or shares in them.
driving force behind the development of maritime empires
allowed continued exploration as well as ventures to colonize and develop resources
Triangular Trade
Europeans desire for enslaved workers in the Americas
Atlantic trading system
European ships would carry manufactured to West African States to trade for slaves
then the slaves would be carried to the Americas
from there ships were loaded up w sugar or tobacco to back to Europe
Muslim-European Rivalry in the Indian Ocean
Moroccan Conflict with the Songhai Empire
Changes of Networks and Exchange
Facilitated by monopolies and flow of silver
Atlantic System
movement of goods, wealth, and laborers between Old and New World
Importance of Sugar
Silver Mining
Coerced labor system
Effects of Silver
Satisfied Chinese Demand for Silver
further commercialized their economy
Increased Profits
silver purchased Asian goods, these then circulated in the Atlantic system → more profits
Continuities
Afro-Eurasian Markets Thrived
Markets across Afro-Eurasia continued to flourish and increase their reach
Asian Land Routes
Land Routes like Silk roads were controlled by Asian land-based powers.
Peasant and Artisan labor
intensified → West Euro:wool and linen, Indian:cotton, China:silk
Social Effects of Atlantic Slave Trade
Gender Imbalance
Sugarcane plantation had brutal conditions, so more African men were taken
Changed family structure
rise in polygyny
Cultural Synthesis
Mixing of African languages and European language. (Creole)
Belief systems
Spain and Portugal sent missionaries to colonies to spread christianity among the indigenous people, sometimes forced.
Africans blended Christianity with religious traditions
Vodun
Some enslaved African traveling across the Atlantic practiced Islam, bringing them over to the Americas.