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Chapter 17: Science and Commerce in Early Modern Europe

  • Scientific Revolution was the beginning of a new era in European history in the 17th century

    • Europeans started to challenge scientific thought

  • There were several characteristics of the Scientific Revolution

    • People started to understand the mathematical nature of the world around them

    • Development of scientific institutions (labs, etc.)

  • Early science was restricted to few universities and only available to the wealthy

  • Patronage System

    • Scientists of the time relied on wealthy patrons to support their work

    • Patrons were ultimately in charge of deciding the direction that early science took

  • Universities were social institutions

    • Theology was the main reason

  • Anatomy was introduced in the 16th century

  • Universities weren’t properly equipped

  • Academies were considered to be clubs for people who wanted to live in the ancient world

    • Academies provided funding

    • Academies allowed for discourse to develop amongst scientists

  • Alchemy was an attempt at trying to change base metals into gold

    • First to place emphasis on experimentation and technology

  • Classical sources were the foundation for the Scientific Revolution

  • Aristotelian Philosophy was used as a starting point for science

  • Hermeticism meant that all objects shared a universal spirit that would eventually be revealed spontaneously

  • Natural Philosophy was the attempt to explain the natural world

  • Tycho Brahe discovered a nova and a comet which challenged Aristotelian paradigm

  • Galileo Galilei declared that planets were roughly made out of the same materials as Earth

    • Challenged the biblical view of the heavens

    • Was tried and found guilty of Heresy

  • Descartes

    • Discourse on Method (1637)

    • Was schooled in Aristotelian philosophy

    • Rejected knowledge that was based upon probability

    • Used “proofs” to support philosophical learning

  • Some believed that one could only accept God upon proving his existence

  • Newton used experimental philosophy (physics)

    • Began with the natural world and then tried to explain it

    • Used math to create models that were based on nature

    • Expressed his observations in numerals

    • Mathematical Principles of Natural Philosophy (1687)

    • Newton’s Three Laws of Motion

  • Expansion of knowledge allowed for the concept that one can understand themselves by understanding nature and their place in it

  • Commercial Revolution

    • Development in new patterns of trade, colonization, and commodities that ended up increasing material luxuries for Europe

    • First great commercial empire was the Dutch, followed by the English

    • Three phases to the Commercial Revolution

      • Precious Metal Trade (1440-1660)

        • Began in Americas under Spanish leadership

        • Eventually weakened the Dutch/English pirates & loss of control over trade routes

        • Opened Americas for colonization and trade

      • Spice Trade (1550-19th century)

        • Europeans (Portuguese, Dutch, & English) exchanged precious metals for spices (Cinnamon, Pepper, Nutmeg, etc.)

        • Started as bilateral trade

      • Plantation System (1650-1800)

    • Brought increasing wealth to Europe in form of goods and services

  • Dutch became greatest European Economic Empire in 17th century

    • Innovative techniques were used

    • Rational Management

    • Supportive cultural/social environment

  • Rise of “Dutch Masters”

    • Rise to power initially started in 30 Years War against Spain

    • Good farmers and manufacturers

    • Good traders

  • Mercantile organization was normally controlled by the King, was easy to tax, and competition was managed by the states

  • Mercantilist Theory

    • Wealth of a nation had to do with the stocks of precious metals

  • Euro-Asian trade started as a bilateral trade to deal with European consumer demands

    • Dutch dominated spice trade in 1650

  • Coffeehouses became extremely wealthy and popular in the 17th century

  • Tea was popular across all levels of European society

    • Became dietary staple within a generation

    • Importation rose annually

    • Introduction of opium led to triangular trade as it had started as bilateral trade

  • Unlimited demand for sugar (high prices)

  • African slaves were originally imported for gold and silver mines

  • Tobacco became popular under Dutch marketing and distribution

  • Plantation systems set a pattern for development based on trade and not conquest

  • North America’s government developed in response to Bacon’s Rebellion

  • Wars of Commerce

    • Europeans were in direct competition and conflict over commerce due to Zero-sum paradigm

  • Mercantile Wars were a series of three wars that the English and Dutch fought over the control of commerce

  • Wars of Louis XIV took place as Louis XIV wanted to expand territory claims to the south and the east

  • War of Spanish Succession (1701-1714)

    • Treaty of Utrecht (1713-1714)

  • Colonial wars happened due to the growth of consumer goods from America

    • Seven Years’ War

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Chapter 17: Science and Commerce in Early Modern Europe

  • Scientific Revolution was the beginning of a new era in European history in the 17th century

    • Europeans started to challenge scientific thought

  • There were several characteristics of the Scientific Revolution

    • People started to understand the mathematical nature of the world around them

    • Development of scientific institutions (labs, etc.)

  • Early science was restricted to few universities and only available to the wealthy

  • Patronage System

    • Scientists of the time relied on wealthy patrons to support their work

    • Patrons were ultimately in charge of deciding the direction that early science took

  • Universities were social institutions

    • Theology was the main reason

  • Anatomy was introduced in the 16th century

  • Universities weren’t properly equipped

  • Academies were considered to be clubs for people who wanted to live in the ancient world

    • Academies provided funding

    • Academies allowed for discourse to develop amongst scientists

  • Alchemy was an attempt at trying to change base metals into gold

    • First to place emphasis on experimentation and technology

  • Classical sources were the foundation for the Scientific Revolution

  • Aristotelian Philosophy was used as a starting point for science

  • Hermeticism meant that all objects shared a universal spirit that would eventually be revealed spontaneously

  • Natural Philosophy was the attempt to explain the natural world

  • Tycho Brahe discovered a nova and a comet which challenged Aristotelian paradigm

  • Galileo Galilei declared that planets were roughly made out of the same materials as Earth

    • Challenged the biblical view of the heavens

    • Was tried and found guilty of Heresy

  • Descartes

    • Discourse on Method (1637)

    • Was schooled in Aristotelian philosophy

    • Rejected knowledge that was based upon probability

    • Used “proofs” to support philosophical learning

  • Some believed that one could only accept God upon proving his existence

  • Newton used experimental philosophy (physics)

    • Began with the natural world and then tried to explain it

    • Used math to create models that were based on nature

    • Expressed his observations in numerals

    • Mathematical Principles of Natural Philosophy (1687)

    • Newton’s Three Laws of Motion

  • Expansion of knowledge allowed for the concept that one can understand themselves by understanding nature and their place in it

  • Commercial Revolution

    • Development in new patterns of trade, colonization, and commodities that ended up increasing material luxuries for Europe

    • First great commercial empire was the Dutch, followed by the English

    • Three phases to the Commercial Revolution

      • Precious Metal Trade (1440-1660)

        • Began in Americas under Spanish leadership

        • Eventually weakened the Dutch/English pirates & loss of control over trade routes

        • Opened Americas for colonization and trade

      • Spice Trade (1550-19th century)

        • Europeans (Portuguese, Dutch, & English) exchanged precious metals for spices (Cinnamon, Pepper, Nutmeg, etc.)

        • Started as bilateral trade

      • Plantation System (1650-1800)

    • Brought increasing wealth to Europe in form of goods and services

  • Dutch became greatest European Economic Empire in 17th century

    • Innovative techniques were used

    • Rational Management

    • Supportive cultural/social environment

  • Rise of “Dutch Masters”

    • Rise to power initially started in 30 Years War against Spain

    • Good farmers and manufacturers

    • Good traders

  • Mercantile organization was normally controlled by the King, was easy to tax, and competition was managed by the states

  • Mercantilist Theory

    • Wealth of a nation had to do with the stocks of precious metals

  • Euro-Asian trade started as a bilateral trade to deal with European consumer demands

    • Dutch dominated spice trade in 1650

  • Coffeehouses became extremely wealthy and popular in the 17th century

  • Tea was popular across all levels of European society

    • Became dietary staple within a generation

    • Importation rose annually

    • Introduction of opium led to triangular trade as it had started as bilateral trade

  • Unlimited demand for sugar (high prices)

  • African slaves were originally imported for gold and silver mines

  • Tobacco became popular under Dutch marketing and distribution

  • Plantation systems set a pattern for development based on trade and not conquest

  • North America’s government developed in response to Bacon’s Rebellion

  • Wars of Commerce

    • Europeans were in direct competition and conflict over commerce due to Zero-sum paradigm

  • Mercantile Wars were a series of three wars that the English and Dutch fought over the control of commerce

  • Wars of Louis XIV took place as Louis XIV wanted to expand territory claims to the south and the east

  • War of Spanish Succession (1701-1714)

    • Treaty of Utrecht (1713-1714)

  • Colonial wars happened due to the growth of consumer goods from America

    • Seven Years’ War