Youre watching news coming up next doc film the renaissance factor part two theyll be more at the top of the hour thanks for joining us. Europe ill be going to. Put whats become of it. What will it look like tomorrow. Evening for a Better Future isnt enough. Requires work which is sufficient. You know actions twenty nineteen may twenty sixth on g. W. The renaissance was when people started keeping track of time. Locksmith peterhead life invented the pocket watch in fifteen ten it soon became a profit tool merchants and a fortune with it. And it is out seafarers to navigate the distant oceans. Shortly before Christopher Columbus had arrived in the americas and the known world triple up inside. People began to understand our planets in new ways and an empire rose on which the sun never sets. This was all thanks to the new portable timepieces scholars could measure and calculate the paths of the heavenly bodies more accurately discovering the mechanisms of Planetary Motion and ultimately
really important biblical probably almost as important as thou shalt not kill. that s because people believed that humans shouldn t profit from time because time belong to god. but in the late middle ages and the renaissance the economy had come to play a totally different role. money had to be available in the economy and making money and time available was beneficial so you had to make it worth your while. for. as a result there were more and more ways of getting around the ban on charging interest in practice from. the imperial decrees of the sixteenth century and now allowed christian money lenders to charge and next him a five percent interest on money. until then the credit industry had been solely in the hands of jewish money lenders this
discovered the new world and plunged it into catastrophe as a group was forced on its. columbus was good at navigating ships through difficult waters but he was a very poor manager. he was unable to keep his own men together and ultimately the spanish crown took away his powers. when you don t feel so america was already populated when he discovered it so it wasn t a real discovery in that sense but his arrival opened the door to unprecedented disasters. millions of indigenous people died at the hands of the germs that the europeans brought with them from. the european explorers were interested in gold and yet more gold a little bit in god but more so in spices. columbus s voyages opened up the newly discovered lands to foreign conquest and brought disaster to
a journey of twenty thousand kilometers far beyond the capabilities of his time. it was not only taking a risk but also a miscalculated one. john s advisers suspected columbus was mistaken and refused to give him financial support he only received it eight years later from the spanish king ferdinand the second. after six weeks at sea on the twelfth of october fourteen ninety two columbus made landfall in the bahamas and then went on to cuba and his. he still believed he had found the western route to asia and that his band you all know was the chinese coast. in his records he promised the spanish crown as much gold as it needed and as many slaves as it asked for. columbus have.
believed that even the salvation of the soul and the afterlife had a financial solution. pious christian and financial genius and one of the richest men of his time. to go offshore oil for was incredibly rich the gap was immense if you consider the sum that figure and a consortium stumped up to fund the imperial election of charles the fifth it was more than eight hundred thousand guilders. and ordinary craftsmen would have had to work thirty two thousand years to earn that. girl also made money with the fear of hell. it s terrible torments were omnipresent and for this time the church preached that it had been granted divine powers of remittance to reduce the punishment people would have to suffer for their