Era | 12th century onwards |
Main driver | Advancements in finance and engineering |
Expansion factors | Expanding trade networks • Improved agricultural techniques • Technological innovations (e.g. astrolabe, shipbuilding) |
Impacts on society | Regional variations • Resource depletion • Environmental sustainability • Income inequality |
Significant groups | City-states • Trading leagues • Hanseatic League |
Historical implications | Global commerce domination • Cultural development • Political transformation |