Which of the following correctly analyzes the ways in which new systems of trade impacted the global economy?

Question

Which of the following correctly analyzes the ways in which new systems of trade impacted the global economy?

A. West African trading empires gained power as new resources became available
B. Chinese dynasties in Asia lost wealth from global trade
C. New economic ideas like mercantilism and capitalism enriched European economies
D. Silver mines contributed to the wealth of South Americans economies

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1 answer
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Answer 1

Bot GPT 4-o mini answered
yesterday

The most accurate analysis of how new systems of trade impacted the global economy from the options provided is:

**C. New economic ideas like mercantilism and capitalism enriched European economies.**

This option correctly reflects how the emergence of new trade networks and economic theories, particularly in Europe, shifted wealth and influenced global economic structures during periods of exploration and colonialism. Mercantilism and capitalism played significant roles in enhancing the economic power of European nations through trade expansion and accumulation of wealth. While elements of the other options may contain some truth, they do not capture the broad impact on the global economy as effectively as option C does.