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The Old World was negatively impacted by New World silver. The large amounts of the silver being sent back were so large that the prices of items rose but the value of silver decreased, causing people to be unable to afford anything.
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Did slavery allow the South to enter into the new industrialized economies of the nineteenth century?
No. Slavery tended to prevent the South from using the new industrialized economies of that period.
Why have market economies far exceeded all other types of economies in the production of new and better products?
In market economies, firms developing new and better products are often able to earn larger than normal profits.
Why have market economies far exceeded all other types of economies in the production of new and better production?
in market economies firm develping new and better products are often able to earn larger than normal profits.
What is the negative effect of globalization?
Since the economies of the world are becoming more and more linked, when something goes wrong in one country, the effects are felt in other economies too. If for example a terrorist attack takes place in New York, other countries like England and South Africa are likely to suffer from lack of tourists and other things.
What is negative effect of globalization?
Since the economies of the world are becoming more and more linked, when something goes wrong in one country, the effects are felt in other economies too. If for example a terrorist attack takes place in New York, other countries like England and South Africa are likely to suffer from lack of tourists and other things.
The industrial revolution had what with European economies?
The industrial revolution had European economies become wealthy than other regions of the world, thereby providing the needed capital for investment in new technologies.
How did the European colonization of the New World and the development of the Atlantic system affect the economies and politics of southwest Asia and the Indian Ocean?
Did the colonies of the New World affect the economies of Southwest Asia
How did World War 1 have both a positive and negative impact the economies of Europe?
The positive impact was that there was new countries created and the League of Nations was established to help promote peace. The negative impact was that a generation of Eurpeans were killed or wounded and Dynasties fall in Germany, Austria-Hungary, and Russia.
How did the development of new nations impact the modern world?
New nations impact the modern world in many ways. These nations are coming into their own - creating economies and governments that other nations have had in place for centuries. They become world players, interacting with other nations on a global scale while they attempt to establish a stable environment at home. An increased autonomy of ethnic groups leads to a greater global diversity, which only expands the tolerance of the globe.
What was the impact of slavery in the New World?
War
What effect did World War 1 have on government and economies worldwide?
fewer manufactured goods were produced after the war
What did England find in the new world?
england found silver and gold in the "new world".
How did the war have both a positive and negative impact the economies of Europe?
The positive impact was that there was new countries created and the League of Nations was established to help promote peace. The negative impact was that a generation of Eurpeans were killed or wounded and Dynasties fall in Germany, Austria-Hungary, and Russia.
What resources did England find in the New World?
england found silver and gold in the "new world".
How did Microsoft make a impact on the world?
It gave the world a new computer type.
What impact did Jacques Cartier have on the new world?
None at all
How did the invention of gunpowder impact the world?
It introduced new weapons.
