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Alisiya [41]
3 years ago
12

How did European expansion create the first global economic system?

History
1 answer:
lbvjy [14]3 years ago
5 0
The main way in which European expansion was able to create the first global economic system is that it opened 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, which greatly benefitted Europe. 
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