Social And Economic Effects Of The Columbian Exchange

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As a consequence of Columbus’s infamous discovery of the Americas, countries immediately began flocking to the so-called New World to make use of the new and precious resources abundantly available there. This was especially true bewteen the 1500s and the 1700s. Culture and economics flourished profoundly in both Europe and the Western Hemisphere. The Columbian Exchange, which is the modern term for the interaction between European countries and the Americas, had a dramatic effect on both areas. The cultural changes were more obvious within the Western Hemisphere, and they included the introduction of Christianity to the “New World,” and the mixed culture of the colonies as a result of its monetary advantage. Meanwhile, the economic impact …show more content…

Because these meals were so inexpensive-- but nevertheless highly nutritious-- they caught on almost immediately as a daily food source for people of all countries and classes. Both corn and potatoes, especially potatoes, led consumers to obtain healthier and longer lives, which were desperately craved by the citizens of European countries-- specifically those which suffered from extreme poverty. Boosted population in Europe also can be contributed in part to these new foods from the Americas as well. However, exchanges with the Western Hemisphere did not only prompt the addition of new staples to the European diet, but brought on changes in society as well. The Commercial Revolution spurred the growth of towns and the rise of the merchant class. Before institutions like the Atlantic Slave Trade and such, the middle class was almost nonexistent; society was made up of the landowning, influential, and wealthy aristocrats and the serfs who tended to nobles’ lands. However, following the discovery of the New World, merchants saw an opportunity to make money off of products available in the Americas. …show more content…

One of the main catalysts for these changes was wealth… gold and silver, in particular. Along with foods and supplies that were very valuable to the Europeans, explorers quickly found that gold and silver were almost taken for granted in the Americas because they were available in such bountiful amounts. Adventurers almost immediately began to ship back boatloads of these precious metals to their home countries. However, although the increase in economic activity led to an increase in many nations’ money supply, it also brought on inflation. Inflation occurs when people have more money to spend and thus demand more goods and services. Because the scarce supply of goods is less than the demand requires, the goods become both scarce and more valuable. As a result, prices rise drastically. For example, Spain endured a crushing spell of inflation during the span of the 1600s, when boatloads of silver and gold from the Western Hemisphere increased the nation’s money supply. Other than inflation, changes in European economy included the introduction of practices like capitalism, mercantilism, and joint-stock company, due to advancements in economics. The Commercial Revolution, which was a term used to define new business and trade practices in Europe during the 16th and 17th centuries that dramatically changed the economic atmosphere of the country,

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