The Age of Exploration changed the way people traded and did business around the world. Here’s how it made a difference:
New Goods: Explorers discovered and brought back valuable things like spices, gold, and crops. This opened up new places to sell them.
Colonial Economies: Countries that explored set up farms and mines. They used local resources and the work of the people living there.
Trade Routes: New trade paths were created, connecting Europe, Africa, Asia, and the Americas.
Cultural Exchange: Different cultures met each other, which led to sharing new ideas and inventions.
In summary, this period helped build the modern global economy we know today.
The Age of Exploration changed the way people traded and did business around the world. Here’s how it made a difference:
New Goods: Explorers discovered and brought back valuable things like spices, gold, and crops. This opened up new places to sell them.
Colonial Economies: Countries that explored set up farms and mines. They used local resources and the work of the people living there.
Trade Routes: New trade paths were created, connecting Europe, Africa, Asia, and the Americas.
Cultural Exchange: Different cultures met each other, which led to sharing new ideas and inventions.
In summary, this period helped build the modern global economy we know today.