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The word galleon has had differing meanings at different points in its history and in different regions. The term is thought to originate from gallioni (alternatively galeanni [8]: 16 ), Venetian oared vessels that were used in rivers in the fifteenth century. The galleons of the sixteenth and seventeenth centuries were fully developed sailing ...
The galleons were state vessels and thus the cost of their construction and upkeep was borne by the Spanish Crown. [3] [4] The galleons mostly carried cargoes of Chinese and other Asian luxury goods in exchange for New World silver. Silver prices in Asia were substantially higher than in America, leading to an arbitrage opportunity for the ...
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 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 ...
Spanish galleon San José; San Juan Bautista (ship) San Juanillo; San Miguel (1551 shipwreck) San Salvador (Guipúzcoan squadron) San Salvador (Cabrillo's ship) Santa Luzia (galleon) Santa Rosa (1726) Santa Teresa (1637) Spanish ship Santísima Trinidad (1751) São João Baptista (galleon) São Martinho (1580)
The opening of Philippine trade to the world gave rise to business and imposing edifices that made Manila the 'Paris of Asia'. La Insular Cigar Factory is one of the most popular. The development of the Philippines as a source of raw materials and as a market for European manufactures created much local wealth.
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It was the largest naval battle in Western history since classical antiquity, involving more than 450 warships. Over the following decades, the increasing importance of the galleon and the line of battle tactic would displace the galley as the major warship of its era, marking the beginning of the "Age of Sail".