WORLD HISTORY

COLONIALISM AND IMPERIALISM

COLONIALISM AND ITS ANALYSIS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
All the European colonial powers acquired territories to control the spice trade and make a profit. This is an example of ____
A
God
B
Gold
C
Glory
D
None of the above
Explanation: 

Detailed explanation-1: -From the 11th to the 15th centuries, the Italian maritime republics of Venice and Genoa monopolized the trade between Europe and Asia.

Detailed explanation-2: -Europeans wanted the power and resulting wealth that would come from controlling trade. Finding all-water routes to Asia and its riches would allow European merchants to cut out Middle Eastern middlemen and reap all the profits of eastern trade.

Detailed explanation-3: -The Spice Routes, also known as Maritime Silk Roads, is the name given to the network of sea routes that link the East with the West. They stretch from the west coast of Japan, through the islands of Indonesia, around India to the lands of the Middle East-and from there, across the Mediterranean to Europe.

Detailed explanation-4: -By cutting out the middlemen, they could import luxury items like silks and spices cheaply. Also, they could fetch better prices for their exports.

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