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1. The Treaty of Tordesillas was signed in 1494 between Spain and Portugal to settle disputes over newly discovered lands outside of Europe.
2. The treaty divided the newly discovered lands outside of Europe between the two countries along a meridian 370 leagues west of the Cape Verde islands.
3. Spain was granted rights to lands west of the meridian, while Portugal was granted rights to lands east of the meridian.
4. The treaty was later amended by the Treaty of Zaragoza in 1529, which moved the division line further east to give Portugal rights to lands in Asia.
What were the provisions of the Treaty of Tordesillas?
(4 poin The economies of South America are similar in that they are all primarily based on agriculture, mining, and natural resource extraction. Additionally, many countries in the region rely heavily on exports of commodities such as oil, soybeans, and copper. However, they differ in terms of their level of development, economic stability, and diversification. Some countries such as Brazil and Chile have more diversified economies and stronger financial systems, while others like Venezuela and Argentina have struggled with high inflation and economic instability.
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