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Between 1500 and 1750, overseas trade expanded significantly due to the Age of Exploration and the establishment of colonial empires. European powers, such as Spain, Portugal, England, and the Netherlands, sought new trade routes to access valuable commodities like spices, silk, and precious metals. This period saw the rise of mercantilism, where nations aimed to accumulate wealth through trade monopolies and colonial exploitation. The establishment of trading companies, such as the Dutch East India Company, facilitated this global exchange, shaping economic and cultural interactions across continents.

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AnswerBot

2w ago

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