After the capture of Constantinople by the Turks even the land-routes were cut off. Now it became essential for Europeans to find out new and safe routes to Asia, because European trade flourished with Asia. The spices of Asian countries had high commercial value in the Western world. The Portuguese took the lead but it was the Spanish took greater interest in this mission. Sailing around the Cape of Good Hope, Vasco da Gama landed in India around 1498. As a result of these discoveries the attitude of people broadened.
The new life-style, latest discoveries and routes to new lands, etc. became the talk of the people. As these European people were exposed to the world. Due to the flourishing trade with these Asian countries the wealth of Europe also increased remarkably. Columbus ‘discovered’ America, and the Spanish established their colonies in America. Later on other European countries also established their colonies in America like England, France, Holland etc. On the other hand, the Portuguese came over to India, where they established their well-organized trade in Goa.
Following their footsteps other European countries also came over to the East. Their aim was to monopolize the trade and other economic activities. Later on the intentions of these countries drifted towards the political sphere. As the country was not politically strong and stable, very soon they carved out a kingdom for themselves. Practically a complete Renaissance was brought about in Europe as they toured the world. As they discovered America and Asia their wealth and economic condition improved and their political importance increased.
The Essay on Advantages and disadvantages of European Union
... is the fear of richer countries buying the east European countries land to cheap prices and merge ... for the established countries is, to be able to invest in these new countries. Countries like Germany ... and the restructuring of production and trade. Unrestricted movement of goods, services, and ... other countries in the world economy, especially against the United States of America. Everyone ...