Answer:
One significant economic change that resulted from union trade during the period between 1450 to 1750 was the shift from a feudal economy to a global trade network. This was largely due to the Age of Exploration, where European explorers discovered new sea routes to Asia and the Americas. This led to the establishment of new trade routes and the exchange of goods on a global scale. The increased trade led to the growth of mercantilism, an economic theory that trade generates wealth and is stimulated by the accumulation of profitable balances. This shift significantly impacted the world economy, leading to the rise of powerful trading empires such as the British and Dutch East India Companies.
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