Age of Discovery: The Treaty of Tordesillas is ratified by Spain.

The Age of Discovery, also known as the Age of Exploration, was part of the early modern period and overlapped with the Age of Sail. It was a period from approximately the 15th to the 17th century, during which seafarers from European countries explored, colonized, and conquered regions across the globe. The Age of Discovery was a transformative period when previously isolated parts of the world became connected to form the world-system, and laid the groundwork for globalization. The extensive overseas exploration, particularly the opening of maritime routes to the East Indies and European colonization of the Americas by the Portuguese and later joined by the Spaniards, English, French, and Dutch, spurred international global trade. The interconnected global economy of the 21st century has its origins in the expansion of trade networks during this era. The exploration created European colonial empires and marked an increased adoption of colonialism as a government policy in several European states. As such, it is sometimes synonymous with the first wave of European colonization. This colonization reshaped power dynamics causing geopolitical shifts in Europe and creating new centers of power beyond Europe.