C.+European+Kingdoms


 Europe was just withdrawing from the medieval period by the growing power of the monarchs, increased trade, and the general want to live by the population. Soon the monarchs established a set government were they held complete power over their country. During this time new systems of gaining power were proposed to Europe: the system of colonization and maritime trade brought in many new changes to Europe the world and the future.


 The economic proposal for European kingdoms was that of sea trade and colonization. Starting with Portugal's exploration of northern Africa and later the discovery of the Indian Ocean trade network created the hunger for eastern goods in Europe thus the push of Europeans to control the Indian Ocean network began. Soon not only Portugal was fighting for domination as England, the Dutch, and Spain joined. Spain also sent explorers to find alternative routes to the trade network so the laborious journey around Africa could be replaced. In that way the Americas were discovered and Spain, later Portugal also, began swimming in gold. In this way the Europeans began colonization with France and England fighting to control North America, while Spain and Portugal controlled South America. European kingdoms were now very powerful, influencing world economy, but still remained very small compared to other empires like the Ottoman empire.

Capitalism was created during the European revival from the Medieval ages. This new economical system is still in use today. Banks and shareholding companies, private enterprises and charter companies brought Europe great wealth and revolutionized world economical practices.




 Europe was thawed out of the Medieval ages, went through many revolutions, and was now not based on a crumpled mass of alliances, but more on the control of one central ruler. The former serfs were now no more and the people had more movement between social classes. The towns and cities of Europe revived and men grew rich because of that. The upper class was now not dominated by hereditary nobles and bourgeoisie. Guilds were established creating protection for merchants and for craftsmen, this in turn provided an organized system of trade and a regulation of business practices. Banking and private enterprise could make men rich not depending on what tier of social class a person belongs to. Revival of art and new science practices also came about that would impact today's world and provided education and learning to a previously brain dead world.


 Because of colonization and trade Europe got a population increase, became powerful, and impacted the world economically. With European exploration and the Indian Ocean trade network a whole wealth of new items and products were brought into Europe that brought a whole population boom. European kingdoms became very powerful due to their domination of the Indian Ocean network and colonization of the Americas. The creation of banks and shareholding companies that manufactured goods and sold them was a very big economic advancement to the former system of government controlled industries or no industries at all. Private enterprise could make a poor man rich if he knew how to do it. The government of the European kingdoms was controlled by an absolute monarch, but that did not stop exploration or a growing economy. Soon European economy became to be dominated by banks, shareholding companies, and charter companies (companies that were given permission by the government to colonize and trade with the locals in the name of the mother country). Manufacturing also increased as the raw material obtained from the Americas had to be made into a finished product. Soon Europe began to dominate world economy with the silver and other resources obtained from their colonies.