Topic Two: Mercantilism, Exploration and Colonization Introduction I. Mercantilism A. Definition – the transportation of goods from an area in which they are common to an area in which they are uncommon, and selling these goods for profit. B. Mercantile Practices 1. Money 2. Credit 3. Cutting out the middleman C. Results II. Exploration A. Why did the Europeans go exploring? 1. Mercantilism 2. Technology 3. Religion 4. Building a national identity B. Portuguese 1. Henry the Navigator 2. Portuguese Explorers 3. The Portuguese Empire C. Spain 1. The Reconquista 2. Spanish Exploration 3. Columbus 4. Treaty of Tordesillas D. England and France III. Colonization A. Africa 1. Slavery before 1550 B. North America 1. Spanish Colonization 2. English and French Colonization 3. Slavery after 1550 IV. Results