In 3-5 sentences, answer the following question: Why did European trade lead to greater global interdependence? (4 points)

Answer 1

European trade led to greater global interdependence for several reasons. Firstly, the European merchants established extensive trade networks with regions all around the world, connecting local economies and creating regular exchange of goods and resources. This interdependence fostered economic growth and specialization across continents, as regions began to rely on each other for specific goods. Additionally, the emergence of global trading companies, such as the Dutch East India Company, promoted cultural and technological exchange, further strengthening interdependence. Lastly, the European demand for raw materials and new markets spurred colonization and the establishment of global empires, solidifying the interconnectedness of the world.