Create a timeline that identifies the 5 events that most led to an increase in European exploration and trade in the 15th through the 17th centuries
• Events must be placed in chronological order
• Each event needs a title, date (year), and a brief detailed description explaining its importance for increasing exploration and/or trade


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Some events that contributed to the development of exploration and commerce during the 15th to 17th centuries were the caravel, money, the press, the discovery of America, and commercialism.

Carabela Development  - Early 15th century - The caravel is a model of boat based on Portuguese fishing boats that was characterized by having a large storage space and a large size that allowed it to navigate long distances and time helping trade.

Creation of the Press  - 1449  - Printing is a method of reproducing texts and images on paper, cloth or other materials that was developed in the 15th century and contributed to the formation of new newspapers and to mass messages, laws and other communications.

Discovery of America - 1492 - This contributed to the increase in exploration and trade because a large part of the raw materials to make fabrics, clothing, jewelry, furniture, and other products would be obtained from there.

Development of Mercantilism - Early 16th century - Mercantilism is a set of political ideas or economic ideas that were characterized by defending the intervention of the State in the economy.

Paper Mining Currency - Mid-16th century - Paper money is a unit that is related to a unit of product exchange. This appeared in Europe in the 16th century, and served for the exchange of products.

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Firms produce the goods and services used by households. That includes everything from packaged food to video games to dry cleaning. Households provide the factors for production that firms require. These factors include the workers who make, distribute, and sell goods and services. Factors of production also include the revenue that firms earn from consumer expenditures. That money comes from the income paid by firms, primarily in the form of wages. This flow of funds from firms to households back to firms creates an exchange that benefits both firms and households. When an economy is strong, jobs are created and livable wages are paid. This allows workers to spend more money, and the cycle continues.
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Debated Issue Federalists Anti-Federalists
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