Portugal in the Age of Discovery.docx

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Introduction

We intend to embark on a project focusing on Portugal at its peak as a society during the Age of Discovery, starting from the beginning of the Portuguese Empire till the decline of the Portuguese monopoly, during the years 1415-1542.

We are of the opinion that during this time, the Portuguese civilization was going through a period of achievement and progress as it did have an extensive colonial trading empire throughout the world backed by a powerful Thalassocracy and became a major European power. This however ended as the monopoly in economy, politics and culture was broke by other rising European countries.

On that era, Portugal was one of the countries which led Europe into the Age of Discovery. The Age of Discovery was basically the period of time in which the countries in Europe realized that it was of a great need to start searching for “new” part of the world. However, this is proven to be beneficial in constructing modern Europe, in particular Portugal, as we can see in today’s Portugal as a leading power in Europe.

Out of the 4 ‘C’s, we intend to prove that Commerce was the primary reason that led to the success of the Portuguese Empire during this period. Nevertheless, we would also analyze the contribution of the other 3 Cs to the success of Portugal in the Age of Discovery.

The whole basis of the success of Portugal during the Age of Discovery is based on a domino effect. The 4 Cs are closely interlinked as one cause would bring about an effect. We will discuss more about this in the latter part of this report. In our group’s opinion, we believe that all things begun and returned to the Commerce of Portugal.

The 4 ‘C’s

Commerce

The Portuguese were the first European country to establish direct trading routes to the North Africa, Asia and South America. This gave them a head start and an advantage over the other European countries that had not yet begun establishing trade routes. They set up various trading markets on island colonies which were in the way of the sea trade route. This also proved to be very strategically useful when attracting trade. All of these let their Commerce to develop further.

Besides silk, spices and other popular goods, the Portuguese found they could also make considerable amounts of gold transporting slaves from one trading post to another, along the Atlantic coast of Africa. The infamous European slave trade of the African natives was rampant during that time and they generated a lot of income for the countries that participated in this market.

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Throughout the 16th century the Portuguese had no European rivals on the long sea route round Africa. Portugal was a pioneer in establishing an overseas colony for trade, especially in the area of Africa. For many years, the Portuguese were left to their colony in Africa. As there were no rivals for them along the sea route, the Portuguese can monopolise the area alone and have such a great income for their economy. This let the Commerce to progress further.  

The Portuguese economy had benefited from its connections with neighbouring Muslim states. A strong economy was well enough established. ...

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