52.7k views
1 vote
How did European exploration impact trade networks and power dynamics in the Eastern Hemisphere?

User Ziftech
by
4.7k points

2 Answers

3 votes

Final answer:

European exploration impacted trade networks by initiating the Triangle Trade linking Europe, Africa, and the Americas, which boosted European economies and allowed them to gain political influence. Financial centers like the City of London became key in international finance. However, Europe's power in Asia remained limited due to the strong economies and militaries of Asian nations.

Step-by-step explanation:

European exploration significantly altered trade networks and power dynamics in the Eastern Hemisphere during the Age of Discovery. The initial European contact with Africa, spearheaded by the Portuguese, established new trade networks involving gold, ivory, and slaves, which were critical in revitalizing the European economy. The influx of wealth and resources, including the exploitation of the Trans-Atlantic slave trade, led to increased strength and influence for European nations.

These burgeoning trade networks evolved into the Triangle Trade, linking Europe, Africa, and the Americas, and this notable rise in global trade resulted in the transformation of societal and economic structures across these continents. The trading of commodities and forced labor underpinned the burgeoning economic system, and in conjunction with the development of new financial centers like the City of London, created an international finance and trade paradigm that favored the European powers.

However, in Asia, European influence was curtailed by the already powerful and affluent nations, such as China and India, whose mighty armies and strong economies allowed them to retain control over regional trade, unlike in the Americas. Despite these trade advancements, the Age of Discovery also resulted in the decimation of indigenous populations through disease and war, leading to significant cultural and environmental changes. This web of global interactions, exchanges, and exploitations set the stage for several historical conflicts and shifts in power dynamics, underscoring the complex legacy of European exploration and colonization.

User Kashiraja
by
5.1k points
3 votes

Several purposes shaped and determined the exploration and development of the transoceanic trade routes Europe undertook, as well as the mastery of new technology and the awareness of new scientific discoveries.

In an effort to reach "The Indies" the clash of civilizations occurred, causing in most cases devastating consequences on the population of the Eastern Hemisphere, and the reorientation of the trade networks (disruption) aslant the Indian and Pacific Oceans.

User Kartik Bhiwapurkar
by
5.3k points