Thursday, March 25, 2010

4 Aspire 2010 (Index no. 30 to 40)

How far was maritime competition a factor in the decline of Venice?

7 comments:

AQIL said...

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Maritime competition was not major factor in the decline of Venice. The emergence of new powers in europe posed threats to Venice's position as a maritime power. New sea routes were discovered and new trade rivals were formed but the Venetians could overcome the challenges to a certain extent and still function as a trade centre.

Firstly under the discovery of new sea routes, many european explorers followed Marco Polo's footsteps and embarked on voyages for exploration and discovery. In 1497, the portuguese exporer, Vasco da Gama, Successfully reached Calicut, a Thriving spice centre in Indai, by going around the Cape of Good Hope. As a result, the Portuguese were able to buy their spices directly from India and this led to competition with the Venetians. This new sea route destroyed Venices monopoly of the lucrative spice trade and greatly reduced the large profits which the Venetian traders had earned for centuries. Eventhough it had lost its position as the middleman for the spice trade, Venice continued to function as a trade centre in the western Mediterranean sea as growing cities such as Lisbon in Portugal demanded more goods. Venice became the main supplier of mediterranean googs, and venetian manufactured products such as glass ware were highly profitable. Venice also expanded its trade to the North Sea region and maintained trade links with England. This greatly reduced the damage on Venice's economy gained through trade.

Secondly, by the 17th century, new trade rivals emerged when the Dutch East India Company, and the English East India Company was formed. The Dutch and British bypassed the venetians to get their supplies. These developments affected Venice's position as an entrepot port. The British had better-designed ships. To stay competitive the designs of these ships and were successful in doing so.

In conclusion discovery of new sea routes and new trade rivals posed great challenges to Venice as a maritime power. But Venice maintained its economy by exploring new markets and maintaining its competition. Therefore, maritime competition did not contribute much to the fall of Venice.

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Keng Hwee said...

I think that maritime competition was not a serious factor causing the decline of Venice.

Over the years, there is a rise of new powers in Europe which posed severe competition to Venice's position as a maritime power.

In the 15th century, many European explorers followed Marco Polo's footstep. There was also competition to search for new maritime trade routes. In 1947, the Portuguese explorer, Vasco Da Gama, successfully reached Calicut, a thriving spice centre in India, leading to competition with the Venetians. This new sea route destroyed Venice's monopoly of lucrative spice trade and greatly reduced the large profits which Venetian traders had earned for centuries.

By the 17th century, new trade rivals emerged when the Dutch East India Company was formed and when English East India Company (EIC) was established. The Dutch bypassed the Venetians to go to the East to get their supplies while the EIC specialized in bringing cotton and pepper from India, tea and porcelain from China. These developments adversely affected Venice's position as an entrepot port. Both the rivals had better-designed ships. Hence, Venetians imitated the design of those ships in order to stay competitive. However, Venetian sailors lacked the skills to operate them. Furthermore, larger states such as England and Holland, were more successful in negotiating for favourable trading rights in new ports. The Venetians responded to these challenges by imposing a protectionist policy but resulted in the loss of some of its trading partners.

However, even after losing its position ias the middleman for the spice trade, Venice continued to function as a trade centre in the Western Mediterranean Sea as growing citied such as Lisbon in Portugal demanded more goods. Hence, becoming the main supplier of Mediterranean goods such as wine. Venetians manufactured products such as glassware were highly profitable and were in high demand from both the East and West. Besides that, Venice expanded its trade to the North Sea region and maintained trade links with Englands.

As a result, maritime competition is not a serious factor in causing the decline of Venice as even with discovery of new sea routes and facing trade rivalries, many countries were still willing to trade or buy goods from Venice. Also, by expanding its trade, Venice could find more trading partners. Hence, Venice was still able to maintain a strong economy and although it suffered a little loss, it is not significant in causing the decline of Venice.

=D

Min Jie said...

I think that maritime competition is not a important factor that cause the decline of Venice. Although maritime competition affected and challenged Venice's supremacy, Venice continued to function as a regional trading centre, specialising in goods produced in the Mediterranean.

The discovery of new sea routes was part of the maritime competition. The age of exploration and discovery started in the 15th century.Marco polo's tales of his voyages encouraged many European explorers to follow his footsteps and one of them was Chiristopher Columbus who discover Americas in the 1492. Competition also increase in the search for new maritime trade routes. Vasco da Gama, a Poruguese explorer succussfully reached Calicut, a thriving spice centre in India, by going round the Cape of Good Hope in 1497. As a result, the Portuguese were able to buy their spices directly from India and this led to competition with the Venetians. This new sea route destroyed Venices monopoly of the lucrative spice trade and greatly reduced the large profits which the Venetian traders had earned for centuries. Although Venice's trade traditional route ta the east by the Meditterrance sea followed by an overland route was shorter but is was time comsuming and dangerous. Even though it lost its position as the middleman for the spice trade but it become the main supplier of mediterranean goods such as wine, raisins and persian silk. Further more these product such as glassware are highly profitable and high in demand from both the East and West.

The new trade rivals is also part of the maritime rivals. The new rivals emerge when the Dutch East Indis Company was formed by the 17th century. The Dutch bypassed he venetians to go to the east to get their supplies Venice also faced competition from british becuase of the Engish East India Company(EIC) who is specialised in the transport of cotten and pepper from india, and tea and porcelain from China. These affected Venice's position as an entrepot port. Although the Venetian imitated the design of ships from the Dutch and British but their sailors are lack of skills to operate them. Later, the Venetians impose the protectionist policy to tacle the problem. These imposed higher duties on foreign traders which do not attract the traders but causing the venetian to lose some of their trade partners.

As a result, Venice is still considered as a strong countries as even if they are unable to act as a middleman for spice trade, thay are still able to change their attention to other profitable products that are high in demand in the East and West. These show the venetian'a ability to think and the new trade rivals did not really have an huge impact on Venice as after they impost the Protectionist policy they have minimise thier lost in term of trade partner. Hence i think that the Maritime Competion was not the most seriours factor that cause the fall of Venice.

Muhammad Firdaus Bin Kamsani said...

Maritime competition is not a major factor in the declining of Venice. The rise of a new power, over time, in Europe had posed severe competition to Venice’s position as a maritime power. The two factors are Discovery of new sea route and new trade rivals.
In discovery of new sea route, the 15th century was the beginning of an age of exploration and discovery where Marco Polo’s tales of his voyages encouraged many Europeans explorers to follow in his footsteps. Hence, there was competition to search for new maritime trade route. During 1497, the Portuguese explorer, Vasco da Gama, successfully reached Calicut, a thriving spice centre in India, by going round the Cape of Good Hope. As a result, the Portuguese were able buy their spices directly from India and this led to competition with the venetians. This new sea route had destroyed Venice’s monopoly of the lucrative spice trade and greatly reduced the large profits which venetians traders had earned for centuries. Even thought it lost its position as the middlemen for the spice trade, Venice still continued to function as a trade centre in the western Mediterranean Sea. Venice also manufactures glassware which was highly profitable and was in demand from both the West and the East. Hence Venice expanded its trade to the North Sea Region and maintained trade links with England.
In new trade rivals, by the 17th, new trade rivals emerged when Dutch East India Company (VOC) was formed. The Dutch bypassed the venetians to go to the east to get their supplies. Venice also faced competition from British because of the English East India Company (EIC) which specialised in the transport of cotton and pepper from India, and tea and porcelain from China. These development adversely affected Venice's position as an entrepot port. Although Venice succeeded in imitated the design of the Dutch and British ships, the venetians sailor lacked the skills to operate them. Furthermore, larger states such as England and Holland were more successful in negotiating for favouring rights in new ports. The venetians responded to these challenges by imposing a protectionist policy and imposed higher duties on foreign traders. This however did not attract traders as it was too costly to trade with the venetians. Hence, it’s resulted in the loss of some of its trading partners.
In conclusion, Maritime competition is not a major factor in the declining of Venice as the problems caused by the discovery of new sea routes and new trade rivals were eventually resolved.

Ivan said...

Maritime competition was not a significant factor in the decline of Venice. Even with the discovery of new sea routes and the rise of new trade rivals, Venice was still able to maintain its prosperity as a regional trading centre.

The 15th century was the beginning of an age of exploration and discovery. Marco Polo’s tales of his voyages encouraged many European explorers to follow in his footsteps. In 1497, the Portuguese explorer, Vasco da Gama, successfully reached Calicut, a thriving spice centre in India, by going round the Cape of Good Hope. As a result, the Portuguese were able to buy their spices directly from India and this led to competition with the Venetians. This new sea route destroyed Venice’s monopoly of the lucrative spice trade and greatly reduced the large profits which Venetian traders had earned for centuries. Even though it had lost its position as the middleman for the spice trade, Venice continued to function as a trade centre in the western Mediterranean Sea as growing cities such as Lisbon in Portugal demanded more goods. Venice also became the main supplier of goods such as wine, raisins and Persian silk. Venetian-manufactured products such as glassware were also highly profitable. Venice also expanded its trade to the North Sea region and maintained trade links with England.

By the 17th century, new trade rivals emerged when the Dutch East Indies Company was formed. The Dutch bypassed the Venetians to go to the East to get their supplies. Venice also faced competition from the British when the English East India Company (EIC) was established. The EIC specialized in bringing cotton and pepper from India, and tea and porcelain from China. These developments adversely affected Venice’s position as an entrepot port. The Dutch and the British had better designed ships. To stay competitive, the Venetians imitated the design of these ships. Although they succeeded in doing so, Venetian sailors lacked the skills to operate them. Furthermore, larger states such as England and Holland, were more successful in negotiating for favourable trading rights in new ports. The Venetians, to counter the problem, imposed a protectionist policy. They imposed higher duties on foreign traders, causing traders to avoid trade with the Venetians as it would be very costly. This caused the loss of some of its trading partners.

Thus, maritime competition was not a significant factor in the decline of Venice because the problems, new trade rivals and discovery of new sea routes, did not affect Venice’s power in maritime trade much. It was still able to maintain its prosperity and continue to function as a trading centre as it had explored other sources of revenue such as manufacturing.

Michael said...

I agree that martime competition was a major factor in the decline of Venice.

Firstly, the 15th century was the beginning of an age of exploration and discovery. Marco Polo's tales of his voyages encouraged many European explorers to follow in his footsteps. In 1497, the Portuguese explorer, Vasco da Gama, successfully reached Calicut, a thriving spice centre in India, by going round the Cape of Good Hope. The Portuguese were able to buy their spices directly from India and this led to competition with the Venetians. This new sea route destroyed Venice's monopoly of the lucrative spice trade and greatly reduced the large profits which Venetian traders earned for centuries.

Secondly, by the 17th century, new trade rivals emerged when the Dutch East India Company was formed. The Dutch bypassed Venetians to go to the East to get their supplies. Venice also faced competition from the British when the English East India Company was established. These developments adversely affected Venice's position as and entrepot port.In addition, The Dutch and the British had better designed ships. To stay competitive, the Venetians imitated the design of these ships. However, the Venetian sailors lacked the skills to operate them. Furthermore, larger states such as England and Holland were more successful in negotiating for favourable trading rights in new ports. The Venetians responded to theres challenges by imposing a protectionist policy but such a policy did not attract traders as it proved to be too costly to trade with the Venetians. Hence, it eventually resulted in the loss of some of its trading partners.

As a result, maritime competition is a major factor in the decline of Venice because it was unable to adapt to new trade rivals. The European countries had destroyed Venice monopoly of trade and greatly decreased the profits Venice earned from its trade.Also, the European countries were developing fast on their trade but Venice responded poorly to the competition by making unwise decisions. Hence many traders did not chose to trade with Venice and there a was loss in profits for Venice in the area of trade. With less profits earned from trading, this meant that Venice would have difficuly in finacing its wars against other countries which pose a threat. This would have made Venice vulnerable. As Venice already have problems to supoort its military, Venice will be unable to develop its trade hence Venice will earn less and less profits and this eventually led to its downfall as the other countries took over its monopoly of trade.

Zainudin Zahid said...

Dear Aqil,Keng Hwee,Min Jie,Firdaus,Ivan,Michael
Aqil - need to answer the question. You could not said that this factor is not important as your impact statement. Asked yourself why maritime competition led to the decline of Venice.
Keng Hwee - comment similar to Aqil. You mentioned not important only in your conclusion and NOT the impact statement.
Min Jie - same comment as the above
Firdaus - same comment as the above
Ivan - same comment as the above
Michael - Excellent work and very good impact statement. Finally, someone managed to get the idea .... on impact statement