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respond to the following questions about the Columbian Exchange: What were the two most important items exchanged...

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Psychology

respond to the following questions about the ColumbianExchange:

  1. What were the two most important items exchanged that came fromthe Old World to the New World? Why were they so important?
  2. What were the two most important items exchanged that came fromthe New World to the Old World? Why were they so important?
  3. What was the most significant problem caused or liabilityintroduced in the Old World and in the New World by the ColumbianExchange? Explain.
  4. In your opinion, was the overall impact of the ColumbianExchange positive or negative? In other words, would the earth havebeen better off without this exchange? As you discuss yourperspective, explain both the major positive and negative effectsthat guide your opinion.

Answer & Explanation Solved by verified expert
4.2 Ratings (708 Votes)
1 As Europeans expanded their market reach into the colonial sphere they devised a new economic policy to ensure the colonies profitability The philosophy of mercantilism shaped European perceptions of wealth from the 1500s to the late 1700s Mercantilism held that only a limited amount of wealth as measured in gold and silver bullion existed in the world In order to gain power nations had to amass wealth by mining these precious raw materials from their colonial possessions Mercantilists did not believe in free trade arguing instead that the nation should control trade to create wealth and to enhance state power In this view colonies existed to strengthen the colonizing nation Colonial mercantilism a set of protectionist policies designed to benefit the colonizing nation relied on several factors Colonies rich in raw materials Cheap labor Colonial loyalty to the home government Control of the shipping trade Under this system the colonies sent their raw materialsharvested by enslaved people or native workersto Europe European industry then produced and sent finished materialslike    See Answer
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