Page 125 - Encyclopedia Of World History Vol III

Iberian Trading Companies

Ibn Battuta
Ibn Khaldun

Ibn Sina
Imperialism

Inca Empire
Indigenous Peoples

Indigenous Peoples
Movements
Indo-European Migration
Iberian Trading
Industrial Technologies

Information Societies Companies

Initiation and Rites of Passage
he first great European merchant empires that estab-
Inner Eurasia
Tlished global commercial networks during the early
International Court of Justice modern era were those of the Iberian peninsula. Spain

International Criminal Court and Portugal first began to form these connections dur-
ing the fifteenth and sixteenth centuries.Those systems
International Law provided substantial revenue for both countries and gal-
International Monetary vanized rival European powers to tap into lucrative mar-
Systems kets in Asia, Africa, and the Americas. Because the Iber-
ian powers had the initial advantage in establishing these
International Organizations—
economic structures, Spanish and Portuguese trading
Overview
companies appeared later than, and in response to,
Interregional Networks those of their European rivals, especially the Dutch and
the English. Because the Iberian powers had the advan-
Interwar Years (1918-1939)
tage in first establishing these economic structures, hav-
Isabella I ing few other European rivals in these global markets,
Islam Iberian companies were not necessary, at least initially.
Spanish and Portuguese trading companies patterned
Islamic Law along lines similar to the companies of their Dutch and

Islamic World English rivals appeared during the seventeenth and eigh-
teenth centuries.

Exploration and
Trade Expansion
The chance to profit from commercial opportunities drove
both the Portuguese and the Spanish in their exploratory
voyages, which were outgrowths of those conducted dur-
ing the Middle Ages. Two such voyages were the redis-