Interpendence
global trade influences the efficiency of many people's lives! in a result green money comes at them
interdependence
increased international trade Japanese isolationism
travel and trade increased dramatically
The 1400s marked the beginning of the first global age because of significant events like the Age of Exploration, which saw explorers like Christopher Columbus and Vasco da Gama sailing to new continents. This period also saw increased global trade, cultural exchanges, and the beginning of European colonization in the Americas, Africa, and Asia, connecting different parts of the world in unprecedented ways.
APEX: The transition from river valley civilizations to classical civilizations.
International trade enables specialization, which brings increased efficiency and greater competition.
International trade enables specialization, which brings increased efficiency and greater competition.
What is a result of global trade
Increased global trade significantly bolstered the economic development of Spain and Portugal during the Age of Exploration. Both nations amassed vast wealth through the exploitation of colonies and the lucrative trade in goods such as gold, silver, spices, and sugar. This influx of resources stimulated their economies, leading to urban growth and the rise of a merchant class. However, reliance on trade also made them vulnerable to fluctuations in global markets and contributed to social inequalities within their societies.
The Philippine trade industry has slowed down because of the global financial crisis.
No because you cannot trade from dimond to the DS or GBA games.