<u><em>European colonialism and colonization were known as the practice of acquiring full or partial political control over the societies and territories through the creation of a colony, occupying it with settlers and utilizing it economically. </em></u>
<u><em>The reason why the European could colonize the no- european regions were basically because they didn’t have an advanced military equipment and there wasn’t a leader that could keep united the various groups. Finally they were debilitated by trade restrictions and embargo.</em></u>
Answer:
The most significant economic effects in the European discovery would be:
1. Price Revolution
2. The emerge of the Industrialization
Explanation:
1. Price Revolution
As the New World was discovery the shipments of gold brought by Spanish and Portuguese became the capita to buy goods needed for the people living in these countries.
As a result of the major quantity of gold available in the economy the prices of commodities rose. The economic power that once was represented in the amount of land possessed by a man shift to the ones with the skills to manufacture the goods and services needed by the population.
2. The emerge of the Industrialization
As the people of countries like Spain and Portugal have a greater flow of gold. Countries like France, the Netherlands and Britain started evolving their manufacture in order to satisfy the needs of products in these economies.
Over the long run the economic power would shift to those developing sophisticated manufacture process.
The Parliament of England, also the Magna Carta was established for peace between a King and a group of rebel barons!
Answer: It lowered the cost of printing.
