The Period of Expansion of Empires and Trading

I would name the 1500's-1600's The Period of Expansion of Empires and Trading because many new empires grew and developed during that time period and trading was a major factor in the growth of the societies. Many new trading ports were established and trading was the way civilizations survived. They used other places' goods that helped gain wealth for the countries and places with a lot of the highly wanted goods.