The role of great geographical discoveries in the development of countries?

The great geographical discoveries were truly a turning point in the history of mankind. First of all, this period gave a number of technical inventions – cartography, compass, astrolabe. At this time, the famous ships appeared – caravels, which became the pride of the Spanish navy. For those countries that participated in the opening, and these are Spain, Portugal, England, France, for them, first of all, a new huge territory was obtained. These territories, in turn, possessed significant resources, which later gave the metropolitan countries significant wealth.