Answer:
In 1488, Portuguese explorer Bartolomeu Dias (c. 1450-1500) became the first European mariner to round the southern tip of Africa, opening the way for a sea route from Europe to Asia.
<span>The country that could find a direct route to the far east would have an advantage over all the other countries trading with the East. That is what Spain was looking for, an advantage over all the others. They got lucky and found a lot more. In fact, a direct route to the West Indies wasn't found until 4 years after Columbus discovered the new world.
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The system defined is a capital-intensive production system.
Producing requires the combination of the so-called factors of production: land, labor and capital. When production relies, in a higher proportion, on capital accumulation and the usage of machines in large production plants, rather than on human force, it is a capital-intensive production system.
<em>If, on the other hand, production relied, in a higher proportion, on an extense labor force it would be a labor-intensive production system. </em>
