Question

Period 1 exam (Renaissance - Religious Wars) AP Euro
Explain one economic impact of European colonial expansion and development of trade networks. (Please answer in 3-4 complete sentences).

Answer 1

Explorers exchanged goods and services with each other.Answer:

Explanation:

as u see it says in the passage for me it says that the European countries practiced an economic system called mercantilism. First popularized in Europe during the 1500s, mercantilism was based on the idea that a nation's wealth and power were best served by increasing exports, in an effort to collect precious metals like gold and silver. Mercantilism replaced the feudal economic system in Western Europe