bewellplus.gsu.edu
amandashumbera amandashumbera
  • 04-11-2015
  • History
Answered

How did European expansion create the first global economic system?

Verified Answer :

HistoryGuy HistoryGuy
  • 13-11-2015

The main way in which European expansion created the first global economic system is that it created new markets and new places in which natural resources were harvested, such as North America, the Caribbean and Africa. This resulted in a "Triangle trade" of goods, slaves and exports traveling between these three points.

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