Final answer:
The trade routes established in 1500 are significantly different from modern trade routes, enhanced by technology and globalization. The Middle Passage was not part of the Indian Ocean trade network, but the Atlantic Slave Trade. The market revolution had a substantial impact on the U.S. economy and society.
Step-by-step explanation:
The world trade routes established in 1500 are drastically different from those that exist today. The key differences involve the advancements in technology, communication, and transportation that have modernized global trade.
In 1500, trade routes were limited to cumbersome overland tracks such as the Silk Road and perilous sea voyages via the Cape of Good Hope and the Strait of Magellan.
The trade was conducted via caravans, sailing ships, and was primarily over regional networks. In contrast, today's trade routes are highly integrated and supported by advanced logistics, including container shipping, air cargo, and the internet, making commerce faster and more efficient.
True/False: The Middle Passage was a part of the Indian Ocean trade network.
False. The Middle Passage was actually part of the Atlantic Slave Trade, which was different from the Indian Ocean trade network that connected eastern Africa, the Middle East, South Asia, and Southeast Asia.
The market revolution in the United States did indeed bring about significant social and economic changes, exemplified by industrialization, the emergence of new markets, and the rise of consumer culture. The advent of the market revolution and the economic changes it brought is a true statement.