Explain the continuities and changes in networks of exchange from 1450 to 1750.
Explain the continuities and changes in networks of exchange from 1450 to 1750.
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Explain the continuities and changes in networks of exchange from 1450 to 1750.
Transcribed Image Text:Topic 4.5 Maritime Empires Maintained and Developed
Learning Objective: Explain the continuities and changes in networks of exchange from 1450 to 1750.
The Atlantic trading system involved the movement of goods, wealth, and labor, including slaves.
The new global circulation of goods was facilitated by chartered European monopoly companies and the global flow
of silver, especially from Spanish colonies in the Americas, which was used to purchase Asian goods for the Atlantic
markets and satisfy Chinese demand for silver. Regional markets continued to flourish in Afro-Eurasia by using
established commercial practices and new transoceanic and regional shipping services developed by European
merchants.
Peasant and artisan labor continued and intensified in many regions as the demand for food and consumer goods
increased.
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