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History -> Ancient and Prehistoric History
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How did the Age of Exploration impact trade and commerce between countries?
In the past, people didn't know much about what was going on in other parts of the world. They only knew about their own countries. But during the Age of Exploration, which was from the 15th to the 18th centuries, people started exploring other parts of the world.
Explorers from Europe traveled to the Americas, Africa, and Asia. They wanted to find new trade routes and ways to make money. They discovered new goods, like spices, silk, and gold. They also found new places to sell their own goods, like cotton and wool.
The Age of Exploration had a big impact on trade and commerce between countries. Before this time, trade was mostly done by land. But now, with ships, it was easier and faster to ship goods across the ocean. This led to an increase in international trade.
New trading centers were created, such as ports like London and Amsterdam. These became important for trading goods from all over the world. People also started using new money systems, like banks and paper money, to make trade easier.
The Age of Exploration also had some negative effects. Many people were forced to leave their homes and work in harsh conditions to produce goods for trade. This included slaves who were brought from Africa to work on plantations in the Americas.
Overall, the Age of Exploration changed the way people traded with each other. It created new opportunities for wealth and discovery, but also had some negative consequences.
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