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The voyage of Columbus
inaugurated a network of global trade that connected both hemispheres. Silver from the New World was minted into the peso de ocho, a widely accepted currency that connected major trade systems. In the Pacific, the Spanish colony of Manila connected the New World with Asia markets; much of the New World's silver ended up in China. Despite this new level of global connectivity, this era saw major disruptions and changes in trade networks. Attempts by Portugal and Spain to monopolize trade in the Indian Ocean led to the down fall of the Swahili cities and the fall of Malacca. In Africa, the incorporation of West Africa into the Atlantic system drew the focus of trade from Trans-Saharan to the west. The fall of Constantinople to the Muslim Ottomans and Vasco DaGama’s maritime route to the Indian Ocean lessened Europe’s dependence upon Silk Road trade. The Atlantic System would emerge as the premier trade system in this era.
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Mikhail Sergeyevich Gorbachev[e] (born 2 March 1931) is a Russian and former Soviet politician. The eighth and last leader of the Soviet Union, he was the General Secretary of the Communist Party of the Soviet Union from 1985 until 1991. He was also the country's head of state from 1988 until 1991, serving as the chairman of the Presidium of the Supreme Soviet from 1988 to 1989, chairman of the Supreme Soviet from 1989 to 1990, and president of the Soviet Union from 1990 to 1991. Ideologically, Gorbachev initially adhered to Marxism–Leninism, although he had moved towards social democracy by the early 1990s.
The Arab country to tried to achieve peace with Israel was Egypt. The Egyptian president Anwar Sadat signed a peace treaty with Israel. The international reaction was that of shock. Because Egypt became the first ever Arab country to sign a peace treaty with Israel that officially recognized it as a country. Because of this, Egypt temporary was suspended from the Arab League and Anwar was assassinated.