Simple. The Columbian Exchange exchanged diseased, people, plants, food, and animals. The Americas adapted with new plants and animals like cattle, chicken, etc., and more slaves. Europe gained potatoes, tomatoes, corn, squash, punpkin, etc.
New societies could depend on new sources of food, new animals. That also improved their local economy, and knowledge (learning)
Develop Foreign policy
Explanation:
The department of state leads foreign policy through diplomacy , advocacy and assistance by advancing the interests of the people , their economic prosperity , And Saferty
It had a very positive impact because the 1920's was when many new technologies were introduced, one example being the the assembly line, which made many industries more productive and profitable.
Hope that helps!