The Commercial Revolution. On colonization by the Europeans.
Date Submitted: 10/13/2002 09:11:00
Category: / Society & Culture / People
Length: 2 pages (556 words)
Category: / Society & Culture / People
Length: 2 pages (556 words)
The European Exploration established many colonies in Africa and the Americas.
A new reservoir of revenue became readily avenue sparking the Commercial Revolution.
Raw materials, gold, and other precious metals poured into Europe, eventually becoming
manufactured goods. Slaves became a source of cheap labor and many Europeans spread
Europe's economic policies when they settled in the colonies. Mercantilism, which stated
that a colony's purpose was to benefit the mother country, shaped Europe during
throughout the …
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