The Rise Of Wealth During The Exploration And Trade Times Created The Ideal Conditions Of Industrialization?

Have you ever questioned the current optimal conditions of industrialization? Do you recall the period of exploration? The period of trade? The biggest question mark lies on the question “how the rise of wealth during the exploration and trade times created the ideal conditions of industrialization?” this essay will take you through these times and will surely erase the abovementioned question marks.

During 16th century there was an incline in population growth and demographics of Europe after a low turn of the 15th century. The slow growth trend proceeded in the 16th century due to wars and other factors, that resulted to a further decline in population growth. (Cameron 1993:95) During the 17th century Italy faced a strain while Spain and Portugal were ripping the fruits of Europe’s leadership. America and the Indies couldn’t share

France slumped due to social conflicts while the England’s agriculture was gaining value and retaining its nobility (Cameron 1993:96) Spain was once in the position to maximize their trade but Dutch reigned against them. During the 16th century an extreme grow weighted negatively on resources, resulting to a major outbreak of diseases. Number of people surpassed agricultural supplies and inflation took over. Holland had the highest population so people migrated. Due to illiteracy and unskilled number of people, casual jobs were created to accommodate these groups. (Cameron 1993:99)

In 17th century, during the period of exploration, Technological development flourished enabling productivity and growth. This was also a period of imports (food to be specific). Italy remained the leading navigators. Portugal suffered from India when they substituted Carracks with Caravels (Cameron 1993:99-101) later in this century exploration slacked and due to ill conditions in Africa spices industry lost control but Portugal executed and made numerous