Why was European colonialism such an important component of 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 discovery of gold and silver in the New World and colonization facilitated Europe's participation in the Old World trade network? Specifically, why is the Opium War of 1839 an important example of how the trade network changed with colonization?

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The Answer of Why was European colonialism such an important component of 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 discovery of gold and silver in the New World and colonization facilitated Europe's participation in the Old World trade network? Specifically, why is the Opium War of 1839 an important example of how the trade network changed with colonization?

Why Was European Colonialism Such an Important Component of the Development