As the dynamic transatlantic economy lead to economic colonial growth, the gap between rich and poor widened, especially in urban areas.

Question

As the dynamic transatlantic economy lead to economic colonial growth, the gap between rich and poor widened, especially in urban areas.​

Quizplus · Accepted Answer

The dynamic transatlantic economy, fueled by trade, colonization, and the exploitation of resources in the Americas, indeed led to economic growth in European colonial powers. However, this growth often benefited the wealthy and those in positions of power, leading to increased wealth disparities, particularly noticeable in urban centers where the contrast between the affluent and the impoverished was stark.

As the Dynamic Transatlantic Economy Lead to Economic Colonial Growth