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Beginning of Paper
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In the Middle Ages, the definition of wealth was based on the amount of productive land. According to this definition, France was the wealthiest and therefore the most powerful of the European nations. During the sixteenth century the definition of wealth began to change. As the ability to conduct profitable foreign trade increased, so di ....
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Middle of Paper
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.... brought many changes to medieval Europe. During this period, the countries of Europe began to look beyond their borders. In Europe, there was nowhere to grow. This being the case, the only place to turn was west. Portugal came into existence in the early 1400's. It is a small country bordered on one side by the sea, and by Spain on the other. Out of necessity the Portuguese became the masters of the sea. They began to acquire a great knowledge of the sea and advanced in navigation, sailing, and map-making. They also founded an academy of navigation in Lisbo ....
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