Reference no: EM13868721
The discovery of America changed the social, cultural, scientific, and political dimensions of the world. The discovery set the world to a new path that included great innovation, invention and advancement.
Old vs. New World Exchanges
1) Old world exchange usually occurred via Eastern Europe with China, India and Arabia
2) Old world exchange had gold as the primary currency with high value. Other ornaments were also valued at high prices
3) Discovery of the new world rushed gold through the international market decreasing its value and adding additional food crops to
the list
Groups affected by the discovery
1) British
a) Increase rush of Gold
b) Colonization
2) Chinese
a) Trade of tea leaves
b) Gun-powder
3) Arabs
a) Coffee trade
b) Decreased control over Spain
4) French
a) Colonization in the New World
b) Increased disputes with British regime
5) Spanish
a) Colonization
b) Improved trade using Brazilian wood
Change of lifestyle of Americans in the colonies
1) Social change contributed by wealth
2) Improved household technology
3) Normalization of education
4) Land ownership
5) Transport within the Americas via
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