Trade and colonialism have had profound impacts on the global economy, shaping it across centuries. The interplay of these forces has resulted in the exchange of goods, culture, and technology, as well as significant conflict and exploitation.
### Chronological Order of Early European and Asian Trade Events:
1. **Chinese traders established strong trade routes around the world.**
- Prior to European interest, Chinese traders had already set up extensive trade networks, which facilitated the exchange of goods such as silk, spices, and porcelain.
2. **Europeans wanted access to Chinese commodities.**
- European nations became aware of the luxurious goods from China and desired direct access to these commodities.
3. **China demanded gold as payment from European countries.**
- As European demand for Chinese goods grew, China required payment in gold, which led to a significant outflow of European gold to China.
4. **European countries plundered the Americas for gold.**
- To continue their trade with China and to support their expanding economies, European countries exploited the Americas, extracting large quantities of gold and other resources, which further fueled the global trade dynamics.
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1.2. Describe how trade and colonialism have shaped the global economy.
Place the events of early European and Asian trade in chronological order.
Start by choosing the first item in the sequence and clicking, dragging, or using your keyboard to select it.
Europeans wanted access to Chinese commodities.
Chinese traders established strong trade routes around the world.
European countries plundered the Americas for gold.
China demanded gold as payment from European countries.
1 answer