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Why did European economies grow during the 1500s?

Trade with American colonies gave Europeans more manufactured goods.
The large supply of resources from the Americas led to an increase in trade.
Demand for manufactured goods in the Americas increased wages paid to workers.
The demand for silver in the Americas led to increased prices for products in Europe.

User Giuseppe B
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2 Answers

9 votes

Answer:

Trade with American colonies gave Europeans more manufactured goods.

Step-by-step explanation:

The emergence of modern Europe, 1500–1648

The 16th century was a period of vigorous economic expansion. The great geographic discoveries then in process were integrating Europe into a world economic system. New commodities, many of them imported from recently discovered lands, enriched material life.

User Haim Bendanan
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10 votes

Answer:

Demand for manufactured goods in the Americas increased wages paid to workers.

Step-by-step explanation: