1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
xxMikexx [17]
2 years ago
11

How did the Columbian Exchange affect the economy of indigenous Americans? It increased their wealth. It disrupted their trade p

ractices. It expanded their export opportunities. It decreased their ability to farm the land. HELP ITS TIMED
History
1 answer:
MrRissso [65]2 years ago
4 0

Answer:

Overview

Mercantilism, an economic theory that rejected free trade and promoted government regulation of the economy for the purpose of enhancing state power, defined the economic policy of European colonizing countries.

Christopher Columbus introduced horses, sugar plants, and disease to the New World, while facilitating the introduction of New World commodities like sugar, tobacco, chocolate, and potatoes to the Old World.

The process by which commodities, people, and diseases crossed the Atlantic is known as the Columbian Exchange.

Commerce in the New World

As Europeans expanded their market reach into the colonial sphere, they devised a new economic policy to ensure the colonies’ profitability. The philosophy of mercantilism shaped European perceptions of wealth from the 1500s to the late 1700s. Mercantilism held that only a limited amount of wealth, as measured in gold and silver bullion, existed in the world. In order to gain power, nations had to amass wealth by mining these precious raw materials from their colonial possessions. Mercantilists did not believe in free trade, arguing instead that the nation should control trade to create wealth and to enhance state power. In this view, colonies existed to strengthen the colonizing nation.

Colonial mercantilism, a set of protectionist policies designed to benefit the colonizing nation, relied on several factors:

Colonies rich in raw materials

Cheap labor

Colonial loyalty to the home government

Control of the shipping trade

Under this system, the colonies sent their raw materials—harvested by enslaved people or native workers—to Europe. European industry then produced and sent finished materials—like textiles, tools, manufactured goods, and clothing—back to the colonies. Colonists were forbidden from trading with other countries.

Commodification quickly affected production in the New World. American silver, tobacco, and other items—which were used by native peoples for ritual purposes—became European commodities with monetary value. Before the arrival of the Spanish, for example, the Inca people of the Andes consumed chicha, a corn beer, for ritual purposes only. When the Spanish discovered chicha, they bought and traded for it, detracting from its spiritual significance for market gain. This process disrupted native economies and spurred early commercial capitalism.

Explanation:

Hope it helps please BRAINLIEST

You might be interested in
Why did the french at the end of the battle of Yorktown play Yankee doodle dandy
Vilka [71]
They probably played it because of the victory of the battle
7 0
3 years ago
What Powers does the US federal national government have?
Andreyy89

Answer:

Only the federal government can coin money, regulate the mail, declare war, or conduct foreign affairs. ...

The states retain a lot of power, however. ...

Notably, both the states and the federal government have the power to tax, make and enforce laws, charter banks, and borrow money

Explanation:

HOPE THIS HELPS

4 0
3 years ago
When was yellowstone national park established?
gladu [14]
Yellowstone National Park was established on <span>March 1, 1872. </span>
4 0
3 years ago
Read 2 more answers
Which of the following events preceded the independence of the Soviet satellites
4vir4ik [10]

Answer:

Gorbachev's decision to allow elections with a multi-party system

Explanation:

The establishment and control of the Soviet satellite states

This empire included Poland, Hungary, Romania, Bulgaria, Czechoslovakia and East Germany. Each had a Communist government. In the West they were called satellites because they clung closely to the Soviet Union like satellites round a planet.

several causes that led to the outbreak of the Cold War, including: tensions between the two nations at the end of World War II, the ideological conflict between both the United States and the Soviet Union, the emergence of nuclear weapons,.

Gorbachev's decision to allow elections with a multi-party system and create a presidency for the Soviet Union began a slow process of democratization that eventually destabilized Communist control and contributed to the collapse of the Soviet Union.

4 0
3 years ago
How did the entertainment industry contribute to the war effort during ww2 apex?
Nimfa-mama [501]
Films promoting the war was made and many actors at the time served in the armed forces
8 0
3 years ago
Read 2 more answers
Other questions:
  • Which is a legacy of the French philosopher Montesquieu?
    14·2 answers
  • What invention from industry period has had the most impact in the daily life
    14·2 answers
  • Why did Philip II of Spain want to invade England
    9·2 answers
  • Types of pressure group and examples
    14·1 answer
  • What is becentralzation
    7·2 answers
  • One motive the Spanish had for colonizing the Americas was
    5·1 answer
  • What event first brought dr. king national attention?
    9·2 answers
  • Explain the similarities and differences between Feudal Japan and Feudal Europe.
    8·1 answer
  • What was one of the biggest challenges faced by the Jewish settlers who arrived in Israel beginning in the 1880s?
    7·2 answers
  • Identify the presidency during which each event occurred
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!