With the end of the 15th century, the consequences caused by economic and political changes that were ongoing for years gave rise to radical transformations in the medieval organizations. That was a period where means of communication were very limited and largely controlled by the church and aristocracy. In addition to this, trade and commerce were somewhat restricted for merchants.

Nonetheless, the development of communication tools and techniques such as compass, advanced binoculars and astrolabe, advent of new trade routes across the globe considerably shifted the economic superiority from feudal intuitions to the newly emerging capitalist class. This gradually freed the commerce trade and liberalized economic relations at the local, regional and global level.