What was the effect of the founding of Constantinople?
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The Fall of Constantinople severely hurt trades in the European region. The Ottoman conquest affected the highly lucrative Italian trade and gradually reduced trade bases in the region. Also the fall was just the first step that eventually turned the Black Sea and the Mediterranean into Turkish lakes for trade.
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First settled in the seventh century B.C., Constantinople developed into a thriving port thanks to its prime geographic location between Europe and Asia and its natural harbor. In 330 A.D., it became the site of Roman Emperor Constantine's “New Rome,” a Christian city of immense wealth and magnificent architecture .
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