I found this answer in a book so instead of looking for the answer on the Internets maybe u could
READ A BOOK!!An abundance of key natural resource's, waterways, and ports has helped make Europe a global economic power. :)Glad i could provide u guys with the answers :D
Europe became a global economic superpower by exploiting the resources of its colonies. Mercantilism was an economic system by which European countries benefited economically from their colonies.
My name is Sarah Murphy and i am stupidEurope joining together and making the Euro
The largest global economic power is presently the United States. The nation of China runs a close second with the European Union close behind.
After World War I, global economic conditions affected Europe profoundly. In the late 1920s and 1930s, in particular, the economic depression affected western nations such as France and Great Britain so severely that their military budgets were drastically reduced. In Germany, the same depression worsened already harsh conditions, thereby paving the way for the Nazi Party to attain power.
Economic power shifted in Europe after World War I. Germany became a 2nd rate economic power while England gained much greater stature.
The developement of gunpowder and naval technologies helped the Europeans to become a dominant, global power. :) Hope this helped!
France.
Industrialization significantly shifted the global power structure by enabling countries with advanced industrial capabilities, particularly in Europe and North America, to dominate global trade and politics. This economic transformation facilitated the expansion of empires, as industrialized nations sought raw materials and markets for their goods, leading to increased colonialism. Additionally, the rise of industrial powers often resulted in the decline of agrarian economies, altering geopolitical relationships and creating economic disparities that persist today. Overall, industrialization laid the groundwork for modern global capitalism and power dynamics.
3rd largest economy in the world, 5th largest air force in the world. Strongest military and economic power in Europe and virtually the leader of the EU.
Black Death had left whole Europe in shock. Europe lost most of its economy and social power.
Increased wealth and power for the super-rich, increased insecurity for the vast majority.
economic growth and new wealth changed business in Europe because more people had wealth, they started buying more manufactured goods