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The Manila galleon trade route was inaugurated in 1565 after the Augustinian friar and navigator Andrés de Urdaneta pioneered the tornaviaje or return route from the Philippines to Mexico. Urdaneta and Alonso de Arellano made the first successful round trips that year, by taking advantage of the Kuroshio Current .
The global silver trade between the Americas, Europe, and China from the sixteenth to nineteenth centuries was a spillover of the Columbian exchange which had a profound effect on the world economy. Many scholars consider the silver trade to mark the beginning of a genuinely global economy , [ 1 ] with one historian noting that silver "went ...
Under Spanish rule, the Philippines became a key hub in the Manila-Acapulco galleon trade, though the wealth primarily benefited colonial powers rather than local development. During the American colonial period (1901–1946), the country saw significant economic reforms and infrastructure improvements, while the Philippine peso was pegged to ...
The West Indies fleet was the first permanent transatlantic trade route in history. Similarly, the related Manila galleon trade was the first permanent trade route across the Pacific. The Spanish West and East Indies fleets are considered among the most successful naval operations in history [ 3 ] [ 4 ] and, from a commercial point of view ...
The Galeón: Manila–Acapulco Galleon Museum, or Museo de Galleon, had its soft opening in the capital of the Philippines in 2017. The museum is a prestigious exhibition and research center on the history of globalization, through the lens of the galleon trade, and thus from the Philippine and Mexican points of view.
New artifacts have been found on the legendary Spanish galleon San Jose, Colombia's government announced Thursday, after the first robotic exploration of the three-century-old shipwreck.
They depended on the galleon trade for a living. In the later years of the 18th century, Governor-General José Basco introduced economic reforms that gave the colony its first significant internal source income from the production of tobacco and other agricultural exports. In this later period, agriculture was finally opened to the European ...
The galleon was powered entirely by wind, using sails carried on three or four masts, with a lateen sail continuing to be used on the last (usually third and fourth) masts. They were used in both military and trade applications, most famously in the Spanish treasure fleet, and the Manila galleons. While carracks played the leading role in early ...