Why was European colonialism such an important component in the development of the global economic system? Why was Columbus's voyage to the New World tied to the trade network occurring in the Old World? Explain how the discovery of gold and silver in the New World and colonization facilitated Europe's participation in the Old World trade network.

Question

Quizplus · Accepted Answer

The Answer of Why was European colonialism such an important component in the development of the global economic system? Why was Columbus's voyage to the New World tied to the trade network occurring in the Old World? Explain how the discovery of gold and silver in the New World and colonization facilitated Europe's participation in the Old World trade network.

Why Was European Colonialism Such an Important Component in the Development