European Overseas Trade: Changes, Continuities, and Economic Impact (1500-1800)

During the period 1500-1800, European overseas trade underwent significant transformations, while also maintaining certain continuities. This era also saw the development of new economic theories influenced by the expansion of trade networks. In this assignment, you will explore these changes, continuities, and impacts on economic thought.

This section focuses on the evolution of European overseas trade from 1500 to 1800, examining changes, continuities, and its effects on economic theory.

Briefly describe one way in which European overseas trade changed in the period 1500-1800.

Briefly describe one continuity in European overseas trade in the period 1500-1800.

Briefly explain one effect of overseas trade on European economic theory in the period 1500-1800.