Economic Transformations in Global Commerce

During the 16th to 18th centuries, global commerce underwent significant transformations. European and Asian trade networks expanded, the demand for silver and gold increased, and the world hunt for fur and the transatlantic trade system had profound effects on societies and economies. This assignment will explore these economic transformations.

This section explores the economic transformations that occurred due to European and Asian commerce, the trade of silver and gold, the global fur trade, and the transatlantic trade system. Focus on the period from the 16th to the 18th century.

Briefly describe one economic impact of the European and Asian commerce between the 16th and 18th centuries.

Briefly explain how the global trade of silver and gold influenced European economies during the 16th to 18th centuries.

Briefly explain one way in which the transatlantic trade system affected societies in Africa during the 16th to 18th centuries.