Which of the following correctly analyzes the ways in which new systems of trade impacted the global economy?(1 point) Responses
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. West African trading empires gained power as new resources became available.
Silver mines contributed to the wealth of South American economies. Silver mines contributed to the wealth of South American economies.
1 answer
All of the options provided correctly analyze the ways in which new systems of trade impacted the global economy. Each statement highlights a specific region or economic concept and explains how it was affected by global trade.