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The world economic system after 1500 saw unequal ties between Western Europe and dependent economies, fueled by strong European governments and exploitation of slave or serf labor in other regions. This dominance allowed Europe to control trade, importing expensive goods while dependent regions produced cheap food and minerals. Weak governments in dependent areas facilitated European penetration. Explore questions 19-21 in this historical-economic context.
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World Economy Theory 1500-1800 (Questions 19-21) The world economic system that developed after 1500 featured unequal relationships between Western Europe and dependent economies in other regions. Strong governments and large armies fed European dominance of world trade. Dependent economies used slave or serf labor to produce cheap foods and minerals for Europe and they imported more expensive European items in turn. Dependent regions had weak governments which made European penetration and slave systems possible.
World Economy Theory 1500-1800 (Questions 19-21) The world economic system that developed after 1500 featured unequal relationships between Western Europe and dependent economies in other regions. Strong governments and large armies fed European dominance of world trade. Dependent economies used slave or serf labor to produce cheap foods and minerals for Europe and they imported more expensive European items in turn. Dependent regions had weak governments which made European penetration and slave systems possible.
World Economy Theory 1500-1800 (Questions 19-21) The world economic system that developed after 1500 featured unequal relationships between Western Europe and dependent economies in other regions. Strong governments and large armies fed European dominance of world trade. Dependent economies used slave or serf labor to produce cheap foods and minerals for Europe and they imported more expensive European items in turn. Dependent regions had weak governments which made European penetration and slave systems possible.
