Responses
West African trading empires gained power as new resources became available.
West African trading empires gained power as new resources became available.
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.
Silver mines contributed to the wealth of South American economies.
1 answer
The statement that correctly analyzes the ways in which new systems of trade impacted the global economy is:
New economic ideas like mercantilism and capitalism enriched European economies.
This statement encapsulates how the emergence of new trade systems and economic theories during this period led to significant growth and enrichment in European economies.
