Place - Global
Time - 1450 to 1750 CE (Early Modern)
<span>Created a global network of exchange. Silver deposits in Bolivia (New Spain) were found and mined and brought via merchants to Philippine Islands. Ist link between Americas and Asia. China commanded taxes to be paid in silver. - value went up. Standard Spanish silver coin - piece of eight - used by merchants in all continents as a medium of exchange. Created in city of Potosi in the Andes. Horrendous mining conditions - supported Spanish Empire. Silver profit in Japan created unity (Industrial Revolution)</span>
Allied: the United Kingdom: Central Powers: Germany
Explanation:
- During WW1 the whole economy of the countries was totally subjected to war goals.
- It is estimated that Allies spent around $147 billion, while Central Powers spent around $61 billion.
- In addition to that Great Britain spent $47 billion - the most among the Allies, and Germany spent around $45 billion - the most among Central Powers.
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Hello!
Different colonies had different land. So they could grow different crops, which motivated them to trade so that they could have more of different items. They wanted to have a variety of items to please everyone. So I would say it would be because they wanted new items/choices of crops/materials.
I hope this helped!
I am, yours most sincerely,
SuperHelperThingy
