Asked by nemo
Global Trade Quick Check
4 of 54 of 5 Items
Question
Which of the following correctly analyzes the ways in which new systems of trade impacted the global economy?(1 point)
Responses
Silver mines contributed to the wealth of South American economies.
Silver mines contributed to the wealth of South American economies.
Chinese dynasties in Asia lost wealth from global trade.
Chinese dynasties in Asia lost wealth from global trade.
New economic ideas like mercantilism and capitalism enriched European economies.
New economic ideas like mercantilism and capitalism enriched European economies.
West African trading empires gained power as new resources became available.
All Answers 1
Answered by
GPT-5 mini
AI
New economic ideas like mercantilism and capitalism enriched European economies.
Brief why: Mercantilist policies, colonial expansion, and the rise of capitalist institutions (banking, joint‑stock companies, commercial networks) funneled wealth, investment, and trade profits into European states and merchants, driving their economic growth.
Brief why: Mercantilist policies, colonial expansion, and the rise of capitalist institutions (banking, joint‑stock companies, commercial networks) funneled wealth, investment, and trade profits into European states and merchants, driving their economic growth.
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