0
European Imperialism allowed for closer relations between the mother/fatherland and their colonies. Because of this, often European countries had access to cheap raw goods and cheap labor. This was soon expanded beyond just countries the Europeans had colonized and spread to most countries. Globalization started up because of imperialism.
What else can I help you with?
What was the effect of European countries developed the idea of mercantilism?
The development of mercantilism in European countries led to increased state involvement in economic affairs, with nations prioritizing the accumulation of wealth through trade surpluses and colonial expansion. It fostered competition among European powers, resulting in intensified colonialism and the establishment of trade monopolies. This economic doctrine also influenced policies that aimed to restrict imports while promoting exports, ultimately shaping the global trading landscape and contributing to the rise of capitalism. However, it often resulted in conflicts and tensions between nations as they sought to secure resources and markets.
Among the worlds countries the expansion of global trade has increased by what?
interdependence
In a global economy governments have less control over economic activity?
yes in a global economy government has less control over economic activity
IN your global economy how are countries affected by the economic prosperity of a trading partner?
Global economy helps countries that are affected by economic proserity with a trading partner. jhhhj
What do you mean by global economic crisis?
in July 2006
What helped make Europe a global economic power?
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.
What is the global economic power?
The largest global economic power is presently the United States. The nation of China runs a close second with the European Union close behind.
What Global exchanges occurred as a result of European Expansion overseas?
im asking the same fcking question
What did the rapid expansion of European colonialism have between the 17Th and 19Th centuries?
It laid the foundations for the beginning of a modern global economy.
Explain in brief about the factors that have lead to globalization in 21 century?
1. The European imperialism of the nineteenth and twentieth centuries.2. The widespread, global acceptance of the nation state as the ordering principle of global politics and economics.3. The development of sophisticated technologies of communication and record keeping.4. The expansion of economic interests beyond the regional and national to the global anf international.
What Effects did the rapid expansion of European colonialism have between the 17th and the 19th centuries?
It laid the foundations for the beginning of a modern global economy.
What effects did the rapid expansion of European colonist have between the 17 and 19 century?
It laid foundations for the beginning of a modern global economy.
What effects did the rapid expansion of European colonialism have between the 17th and 19th centuries?
It laid the foundations for the beginning of a modern global economy.
What caused rapid expansion of global economic commerce and manufacturing?
The Spanish conquest of large quantities of New World gold and silver
What is global expansion?
Global expansion is when a business opens and expands opportunities for that business to increase sales etc.
Which was not an economic effect of colonization?
Which of the following was not an economic effect of colonization? Global economic development
What is the most important reason that Indo-European languages dominate the globe geographically today?
Indo-European languages dominate globally due to historical factors like colonization, trade, and cultural influence. The spread of languages like English, Spanish, and French was driven by the expansion of empires and economic power, leading to their widespread use and adoption as global languages.
