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Significant Changes In The Early Modern World

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The early modern world was impacted with a lot of change. From agriculture beginnings and producing only what was needed to survive within communities, the world had changes that would transform the world’s economy forever. Changes started to occur in the European states, England in particular, the Atlantic economies and South Asia (India). The new found ways to enlarge these power hungry countries became their priority. This helped emerge new ideas and concepts that define our economy today. International trade and exchange of goods between countries had a great impact then as it does now. Countries depend on these ideas in order to be wealthier and powerful. There were a lot of problems that occurred about commerce when it was carried out by certain countries like slavery, and overly dominant empires. There were also many political and religious groups that supported these methods of commerce, since they were beneficial for them. The realities of commerce in …show more content…

The prices and inflations were also a big problem when it came to trade and exchanging goods between different countries. These nations were being well benefited by the silver. Silver helped a lot of economies rise quickly. But when silver become more accessible the value went down, and so did the economies of places that depended on it. The Atlantic economy expanded with the trading of slaves. There were a lot of problems with this way of commerce that took a toll on human beings. There were many ships transporting slaves into the Americas and the conditions were cruel. Many slaves would die in the ‘Middle Passage’ .But slaves weren’t the only thing being trade across the Atlantic. There were trading manufactured items, sugar, and tobacco with Europeans states as well. There was also a lot of competition between these nations, since they all wanted to grow their power and

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