During the Columbian Exchange, millions of Africans were forcefully transported to the Americas, where they labored to produce natural resources to benefit the economies of the European colonizers by increasing imports and limiting colonial trade. What was this economic system?

Question

During the Columbian Exchange, millions of Africans were forcefully transported to the Americas, where they labored to produce natural resources to benefit the economies of the European colonizers by increasing imports and limiting colonial trade. What was this economic system?
- transatlantic slave trade
- mercantilism
- globalization
- capitalism

GPT 3.5 · Answer

The correct answer is mercantilism. Mercantilism was the economic system during the Columbian Exchange that centered on the idea of increasing a country's wealth and power by maximizing exports and minimizing imports. The transatlantic slave trade played a significant role in the mercantilist system, as enslaved Africans were forcibly brought to the Americas to produce resources such as sugar, tobacco, cotton, and other commodities for export back to Europe.