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Christopher Columbus
spent 8 years seeking financial support for his plan to sail west from Europe to the “Indies”
1492 - got sponsored by Isabella & Ferdinand
for all the lands he would claim for Spain, Isabella & Ferdinand agreed to outfit 3 ships to make Columbus governor, admiral, and viceroy
Columbian Exchange
a transfer of plants, animals, and germs from one side of the Atlantic to the other for the first time
Europe side of Columbian Exchange
Europeans learned about new foods like beans, corn, sweet and white potatoes, tomatoes and tobacco, transforming the diet of people throughout Eurasia
led to rapid population growth in regions from Ireland to West Africa to eastern China
contracted syphilis, a new disease for Europeans
Americas side of the Columbian Exchange
natives learned about sugar cane, bluegrasses, pigs, and horses
learned abt new technology like the wheel, iron implements, and guns
declined native population rapidly in the first century after contact due to diseases brought by Europeans like smallpox and measles
Native Americans had no immunity to the germs
population declined from aprox. 22 million in 1492 to 4 million by mid-16th century
feudalism
a system in which monarchs granted land to nobles in exchange for military service
declined after Europe’s new population growth and access to new resources which encouraged trade, led to a rise in capitalism
capitalism
an economic system in which control of capital (money and machinery) became more important than control of land
increase in trade — increased importance of commerce
political power changed from large landowners to wealthy merchants
joint-stock company
a business owned by a large number of investors
developed to finance trade voyages more safely, as joint-stock companies would reduce individual risk, and encourage investment and ultimately promote economic growth