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Today, we're diving into the economic transformation of Lisbon between 1500 and 1550. Can anyone tell me what happened to customs revenue during this period?
I think it increased significantly!
Exactly! Customs revenue grew from 50 million to 150 million reais. What do we think contributed to this growth?
Maybe it was because of Atlantic navigation and the training of captains?
Absolutely! The marine cartography schools in Sagres played a vital role. Remember, the acronym 'GREW' can help us recall: Growth, Revenue, Education, and Waters. Now, can someone summarize why these elements matter?
They all combined to enhance trade and economic growth!
Great! This sets the stage for understanding Lisbon's role in global trade.
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Letβs shift our focus to Malacca. Why was Malacca so crucial for trade in the 15th century?
It was on the Spice Route and controlled a lot of trade traffic!
Correct! With about 5,000 ships annually, it's easy to see why it became a focal point. What taxation strategy did Malacca implement?
They taxed goods at 10% ad valorem to support the sultanate, right?
Exactly! This was crucial for funding patronage and building mosques. Letβs use the acronym 'TRADE'βTransport, Revenue, Ad Valorem, Development, and Economyβto remember these points. Who can explain the significance of this taxation?
It helped create a stable economy that supported cultural projects!
Great job summarizing! The interaction of trade and culture was a vital aspect of Malacca's success.
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Now that we've explored both Lisbon and Malacca, letβs compare their economic mechanisms. What similarities do you see?
Both cities increased their revenues significantly and were central to their region's trade.
Exactly! They both also relied on unique taxation systems. Can anyone contrast the political environments of each city?
Lisbon had a stable environment due to maritime schools, while Malacca took advantage of its geographical location!
Well put! The security and education in Lisbon versus the strategic positioning of Malacca highlight distinct paths to economic success. Letβs use the mnemonic 'SECURE'βSafety, Education, Commerce, Uniqueness, Revenue, and Effectβto encapsulate these differences.
I see! Their contexts shaped how they developed economically.
Absolutely! Understanding these contexts helps us appreciate the foundations of global trade networks.
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The Port City Case Studies focus on how cities such as Lisbon and Malacca served as vital trade hubs in the 1500s, highlighting customs revenues and trade dynamics that influenced economic practices and cultural exchanges in global trade networks.
The Port City Case Studies delve into the economic significance of key port cities, notably Lisbon and Malacca, in shaping global trade practices between the 16th and 17th centuries. In Lisbon, customs revenue surged from 50 million to 150 million reais from 1500 to 1550, attributable to its strategic position as a trade nexus and the establishment of marine cartography schools that trained navigators for Atlantic exploration. Conversely, Malacca, located on the Spice Route, showcased its economic importance with an annual throughput of approximately 5,000 ships in the 15th century, bolstered by a taxation system that funded elite patronage and religious architecture. Both cities exemplify how port infrastructure, political stability, and geographical advantages contributed to their prosperity, ultimately influencing broader economic systems and globalization.
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β Lisbon: From 1500 to 1550, customs revenue grew from 50 million to 150 million reais; marine cartography schools in Sagres trained captains in Atlantic navigation.
Between the years 1500 and 1550, Lisbon experienced significant economic growth. This growth is indicated by the customs revenue, which rose from 50 million reais to 150 million reais. This increase suggests that more trade was occurring, likely due to Lisbon's strategic location and its role in the Age of Exploration. Additionally, marine cartography schools established in Sagres played a vital role in training ship captains, equipping them with the navigation skills necessary for safe and successful voyages across the Atlantic. This combination of increased trade and improved navigation skills helped to elevate Lisbon's status as a thriving port city.
Imagine a popular coffee shop that starts gaining a lot of customers. As more people visit, the shop earns more money, just like how Lisbon earned more from customs as more ships brought goods in and out. The training program for baristas at the coffee shop is similar to the marine cartography schools; it helps the staff serve customers more effectively, which in turn boosts the shop's success.
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β Malacca: As a chokeβpoint on the Spice Route, its 15thβcentury annual traffic involved 5,000 ships; Melaka Sultanate taxed goods at 10% ad valorem, funding elite patronage and mosque construction.
Malacca was a crucial trading hub on the Spice Route during the 15th century. The term 'choke-point' indicates that it was a narrow passage where many ships had to pass to trade spices. The traffic was so high that around 5,000 ships passed through Malacca annually. The ruling Melaka Sultanate capitalized on this traffic by imposing a tax of 10% on goods traded, known as 'ad valorem' tax, which means the tax was based on the value of the goods. The revenue generated from these taxes was used to fund elite patronage, which often referred to supporting the cityβs upper social class or nobility, and to construct prominent buildings, including mosques, which enhanced the cultural and religious stature of Malacca.
Think of a busy toll road where every car has to pay a fee to pass through. That toll fee helps maintain the road and pay for local services. In Malacca, the Sultanate acted like the toll booth, collecting money from the many ships passing through, which they then used to build mosques and support the rich, similar to how toll money can be used for city improvements.
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Key Concepts
Economic Growth: The increase in customs revenue in Lisbon and its implications.
Trade Dynamics: The role of Malacca in the Spice Route and its taxation system.
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Lisbon's customs revenue rose from 50 million to 150 million reais due to increased trade.
Malacca benefited economically from taxing 10% of goods traded, funding cultural projects.
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In Lisbon's rise, the revenue soars high, from fifty to one-fifty, watch the money fly!
Imagine a merchant in Lisbon, with charts and maps trained under skilled hands; he sails far, making fortunes flow like rivers, as the city's wealth expands.
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Review the Definitions for terms.
Term: Customs Revenue
Definition:
The income generated from taxes levied on goods entering or leaving a port.
Term: Marine Cartography
Definition:
The practice of creating maps for maritime navigation and geography.
Term: Ad Valorem Tax
Definition:
A tax based on the assessed value of an item, which is levied as a percentage.
Term: Spice Route
Definition:
A trade route historically used to transport spices and other goods between the East and West.