Economic Changes During American Colonization

I think the economic changes in Europe during the era of American colonization qualify as a revolution. A revolution is a sudden, radical, or complete change. The colonization of the Americas dramatically changed the world. Voluntary and forced migration of millions of people occurred. This led to the establishment of new and powerful societies. Colonization resulted in the exchange of new items that greatly influenced the lives of people throughout the world. The new wealth from the Americas resulted in new business and trade practices in Europe. The global transfer of foods, plants, and animals during the colonization of the Americas is known as the Columbian Exchange. American ships brought back a wide selection of items that was never
seen by Europeans, Asians, and Africans. These items included plants such as tomatoes, squash, pineapples, tobacco, and cacao beans. New wealth and the establishment of colonial empires in the Americas prompted a wave of new business and trade practices in Europe during the 16th and 17th centuries. One aspect of the European economic revolution was the growth of capitalism. The increase in economic activity in Europe led to an overall increase in many nations’ money supply. The economic revolution resulted in the growth of towns and the rise of a class of merchants who controlled great wealth. To conclude, this rapid change shows why the economic changes in Europe during the era of American colonization qualifies as a revolution.