Effects of Exploration

By: Mr. GayaresNew World seeker

Current events

• Page 10: Mababa ang iskor sa NAT ng maraming Hayskul-DepEd

Effects of exploration

• The age of Exploration is also called the Commercial revolution because it ushered the trade between Asia, America, and Europe

Effects of exploration

• Eventually, England, France, and Netherlands will compete with Spain and Portugal in colonizing lands.

Effects of exploration

• Mercantilist economy was reinforced as joint-stock companies are formed like the English East India Company and Dutch East India Company. It also lead to rivalries at sea.

Effects of exploration

• The Commercial Revolution promotes a capitalist economy with the following characteristics

• Private ownership• Profit motive• Market economy- a way of living

that depended on buying and selling goods

Effects of exploration

• Europe became the center of world trade

• Shfited to northern Europe• Knowledge of the Earth increases• New kinds of food are grown: sugar,

rice, tea, cacao, and tobacco. From the America: potatoes, corn. Asian orange and banana. Animals like chickens, pigs, horses, and cattle

Effects of exploration

• Shifts in population occur• Europeans migrated to Asia and America

Assignment

• Bring colored pens• Ruler• 2 world blank map per group• Performance output no.3: Columbian

exchange