Concept
Price revolution
Related concepts (8)
Age of Discovery
The Age of Discovery or the Age of Exploration, part of the early modern period and largely overlapping with the Age of Sail, was a period from approximately the 15th century to the 17th century, during which seafarers from a number of European countries explored, colonized, and conquered regions across the globe. The extensive overseas exploration, particularly the European colonisation of the Americas, with the Spanish and Portuguese at the forefront, later joined by the Dutch, English, and French, marked an increased adoption of colonialism as a government policy in several European states.
Banknote
A banknote—also called a bill (North American English), paper money, or simply a note—is a type of negotiable promissory note, made by a bank or other licensed authority, payable to the bearer on demand. Banknotes were originally issued by commercial banks, which were legally required to redeem the notes for legal tender (usually gold or silver coin) when presented to the chief cashier of the originating bank. These commercial banknotes only traded at face value in the market served by the issuing bank.
Conquistador
Conquistadors (kɒnˈk(w)ɪstədɔːrz, USalso-ˈkiːs-,_kɒŋˈ-) or conquistadores (koŋkistaˈðoɾes, kõkiʃtɐˈðoɾɨʃ, kõkistɐˈdoɾis; meaning 'conquerors') were the explorer-soldiers of the Spanish and Portuguese Empires of the 15th and 16th centuries. During the Age of Discovery, conquistadors sailed beyond Europe to the Americas, Oceania, Africa, and Asia, colonizing and opening trade routes. They brought much of the Americas under the dominion of Spain and Portugal.
El Dorado
El Dorado (el doˈɾaðo, ˌɛl_dəˈrɑːdoʊ; Spanish for "the golden") is commonly associated with the legend of a gold city, kingdom, or empire purportedly located somewhere in the Americas. Originally, El Hombre Dorado ("The Golden Man") or El Rey Dorado ("The Golden King"), was the term used by the Spanish in the 16th century to describe a mythical tribal chief (zipa) or king of the Muisca people, an indigenous people of the Altiplano Cundiboyacense of Colombia, who as an initiation rite, covered himself with gold dust and submerged in Lake Guatavita.
European colonization of the Americas
During the Age of Discovery, a large scale colonization of the Americas, involving a number of European countries, took place primarily between the late 15th century and the early 19th century. The Norse had explored and colonized areas of Europe and the North Atlantic, colonizing Greenland and creating a short term settlement near the northern tip of Newfoundland circa 1000 CE. However, the later colonization by the European powers involving the continents of North America and South America is arguably more well-known.
Spanish Empire
The Spanish Empire, sometimes referred to as the Hispanic Monarchy or the Catholic Monarchy, was a colonial empire governed by Spain and its predecessor states between 1492 and 1976. In conjunction with the Portuguese Empire, it was the first empire to usher the European Age of Discovery and achieve a global scale, controlling vast portions of the Americas, Africa, various islands in Asia and Oceania, as well as territory in other parts of Europe.
Peru
Peru (pəˈruː ; Perú peˈɾu; Quechua: Piruw pɪɾʊw; Piruw pɪɾʊw), officially the Republic of Peru (), is a country in western South America. It is bordered in the north by Ecuador and Colombia, in the east by Brazil, in the southeast by Bolivia, in the south by Chile, and in the south and west by the Pacific Ocean. Peru is a megadiverse country with habitats ranging from the arid plains of the Pacific coastal region in the west to the peaks of the Andes mountains extending from the north to the southeast of the country to the tropical Amazon basin rainforest in the east with the Amazon River.
Currency
A currency is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a system of money in common use within a specific environment over time, especially for people in a nation state. Under this definition, the British Pound Sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$) are examples of (government-issued) fiat currencies.