Question

How did european exploration change the nature of the world economy after 1480 or so? where was europe most successful in its penetration and conquest? where did it have the least success? why?

Answer 1

The European age of exploration completed change the world for the next 500 years. The new world was discovered by European powers, resulting in complete cultural, religious and political shifts in the Western hemisphere.

Europe itself was successful in the early penetation of the New World and later by building trade links and colonies all over the world including, South Asia, South East Asia, Africa, Near East, Middle East and Australia.

They were able to develop a huge slave trade, which gave them the money and power to expand beyound Europe.

However, they were least successful against great powers like Russia and could not maintain control over the New World for long.