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Overland routes helped the spice trade initially, but maritime trade routes led to tremendous growth in commercial activities to Europe. [citation needed] The trade was changed by the Crusades and later the European Age of Discovery, [4] during which the spice trade, particularly in black pepper, became an influential activity for European ...
The Magellan expedition, sometimes termed the Magellan–Elcano expedition, was a 16th-century Spanish expedition planned and led by Portuguese explorer Ferdinand Magellan. One of the most important voyages in the Age of Discovery —and in the history of exploration —its purpose was to cross the Atlantic and Pacific Oceans to open a trade ...
The carrack Santa Catarina do Monte Sinai and other Portuguese Navy ships in the 16th century. The aim of Portugal in the Indian Ocean was to ensure the monopoly of the spice trade. Taking advantage of the rivalries that pitted Hindus against Muslims, the Portuguese established several forts and trading posts between 1500 and 1510.
The Portuguese were the first Europeans to establish a foothold in the Moluccas in the early 16th century. They built forts and attempted to monopolize the spice trade. However, their aggressive policies and attempts to convert the local population to Christianity led to tensions with the indigenous sultanates.
The trade between China, Japan, and Southeast Asian nations in both expensive goods like silk products and inexpensive ones like sugar continues developing in the second half of the 16th century. Gross profits ranging from 100% to 300% in the trade of these commodities can be eared by China, and lower price of the product itself means the ...
Venetian might reached its peak during the 15th century when the city-state monopolized the spice trade from India, through the Arab lands, using exclusive trade agreements. This prompted the Spanish and the Portuguese to embark on the search for the new route to India, leading to the discovery of the Americas and the start of the modern age.
Among notable trade routes was the Amber Road, which served as a dependable network for long-distance trade. [1] Maritime trade along the Spice Route became prominent during the Middle Ages, when nations resorted to military means for control of this influential route. [2]
The profitable eastern spice trade was cornered by the Portuguese in the 16th century. In 1498, Vasco da Gama's pioneering voyage reached India by sea, opening the first European direct trade in the Indian Ocean.