Panicked,European empires,like Spain and Portugal started financing trips,specifically to India where they had the largest diversity of food,animals and spices known at that time. Once a certain fellow named Christopher Columbus found Hispaniola (modern day Cuba),every European empire reaped the monumental economic benefits that was provided by the Columbian Exchange. The Columbian Exchange promoted trade,specifically the trade of agricultural commodities. It integrated many parts of the world,supplying items to nations that needed goods,and sold items on the marketplace when there was a strong demand.The Dutch were a prime example of nations that benefited from trade,as they assumed control of international trade.In the 50 year period in ,Dutch Conglomerate, Vereenigde Oostindische Compagnie(The Dutch East India Company)held an iron hand on trade,and the people of the Netherlands benefited immensely.Trade led to economic prosperity for many Dutch citizens,and fueled economic activity in the empire,leading the Dutch empire to be able to be as powerful as their rival,the British Empire.The Dutch is just a singular example of how trade strengthened many European empires as they profited off trade,helped stimulate economic activity in empires that needed it and help create high-paying jobs for the citizens that resided in Europe. Agriculture was another economic sector that benefited from the Columbian Exchange ,as the influx of newly discovered agricultural items flooded the marketplace,leaving farmers very wealthy.
DBQ Essay – What Drove the Sugar Trade? Beginning in the late 1600s and continuing through the 1700s the demand for sugar became incredibly high due to its addictive qualities. To supply the consumers with sugar they were craving, wealthy Europeans established sugar plantations throughout the Caribbean and built a thriving slave industry, so their need for cheap labor could be satisfied. Sugar consumption increased from 4.6lbs to 16.2lbs per capita annually from 1700 to 1770 due to the increasing addiction of the consumers. The manufacturers were faced with maintaining a high crop yield, but luckily the Caribbean islands provided an ideal location for growing cane sugar.
The Triangular Trade was a trade system between England, parts of Europe, Africa, the West Indies, and the Americas. Between these countries slaves, cash crops, and manufactured goods were traded among each other. One of the biggest influences from the Triangular Trade was the huge economic growth. Since the American colonies were a part of this trading system, there was increased trade throughout the nation. Things would be sold for money, or traded for other products at an equal sum of money.
This was the greatest export of America to Europe and profitable. Europe’s climates made it very difficult to grow the sugarcane and tobacco. America gave the Europeans maize. Maize was important to the Native Americans because it was sustainable for long periods of time when it was dried. Maize also is adaptable that it can grow just about anywhere and it was produced in Europe.
The British used India’s abundance of resources to their advantage. Britain’s trade with India in 1860 was six times more than British trade was with Egypt and it was twelve times more than British trade with Brazil. By 1866, India's trade with Britain escalated. Britain gained an abundance of resources, while India received little in return (Doc 1). Britain bought India's natural resources, such as cotton, cheaply, and would then use their Industrial machines to make exceptional goods, which they sold back to the Indian people at a higher price (Doc 2).This was extremely profitable for the British (Imperialism in India).
The silver trade in the 16th to 18th centuries brought economic and social transformations around the world. The changing flow of silver during this time changed every civilization globally; The Ming empire, the Spanish and Britain were effected both economically and socially. By the early 18th century, the effects of silver trade had both changed the operation of economics and social structure. Additional documents that could have explained and supported these changes; writings from the empire of Tokugawa Japan, the indigineous workers in the Potosi mines, business owners and their change in their payments and reliance on silver for profit, and the agriculturalists that saw the influence of silver on the trade of commodities all over the globe. In the Ming empire, the changes that they went through economically and socially were very dependent on the silver trade.
There are a few life-changing events that change the course of history. One of these such events was the Columbian Exchange which was the transfer of plants, animals, and people between the Americas and the Old World. This began when Columbus landed in America. This one event had many lasting effects, including the spread of diseases to the new world, enslavement of Africans for labor, and economic opportunity with the massive increase in silver. Columbus accidently started the Columbian exchange by discovering America while looking for economic opportunity.
Discoveries of new supplies of metals are perhaps the biggest. But the Old World also gained new staple crops, such as potatoes, sweet potatoes, maize, and cassava. Tobacco, another New World harvest, was so all around embraced that it came to be utilized as a substitute for money in many parts of the world. The trade additionally radically expanded the accessibility of numerous Old World harvests, for example, sugar and espresso, which were especially appropriate for the
The healthier eating habits led to a growth in the population. There were drawbacks, however. Although the New World was the most affected by new diseases, Europe had its fair share. The most widespread disease was syphilis, which sailors brought back from the Americas. Called “the pox,” syphilis spread all throughout Europe and even reached Asia and Africa.
Columbian Exchange Notes Funded by the Spanish, an explorer named Christopher Columbus set sail westwards in 1492 in search of a faster trading route to the Asias, but instead what Columbus found was a land separated from Europe for millions of years, North America. Columbus’s discovery of North America had many profound effects on the world, one of the greatest being the founding of the Columbian Exchange. The Columbian Exchange was a form of commerce between North America and Western Europe. The establishment of Columbian Exchange held both positive and negative repercussions, one positive repercussions being agricultural growth due to all the newly discovered crops and flora and one negative repercussion being the introduction of European diseases to the New world that resulted in the death of approximately70 million North American natives. After news of Columbus's discovery spread to the rest of Europe, many explorer sailed to North