From 1500 to 1750, there were changes and continuities on the ways Latin America participated in inter regional trade. The major turning point of Latin America's participation in inter regional trade is the discovery of the New World by Columbus. The impact of this event can be seen globally because this started the global exchange of goods through the Columbian Exchange. The overall continuity of Latin America's participation in trade is its role in the Triangle Trade as the producer of cash crops and raw materials because of the colonization of the Americas led by the Spanish.
Latin America's participation in inter regional trade started with the discovery of the New World by Columbus. Because of Spain's discovery, the kings of Portugal and Spain created the Treaty of Tordesillas which divided the world in two, giving almost all of Latin America to Spain with the exception of a tiny portion of South America that was given to Portugal. Colonization …show more content…
Another change in trade in Latin America was the start of the slave trade in the Caribbean because Latin America became a hub for the slaves delivered by the Portuguese from West Africa. Apart from that, a change in trade was the growth of the plantation economy in Latin America because this increased the demand for slaves in the region as well as the profits made by the slave traders in the Caribbean.
One of the continuities in Latin America during 1500-1750 was the dominance of European merchants in the region because of the advancements in technology made by Europe at that time. Apart from that, another continuity in trade in Latin America was the products it exchanged with other parts in the world during the Columbian Exchange because Latin America sent maize, potatoes, silver, gold and cash crops to Europe, Africa, and Southeast
Latin America's participation in inter regional trade started with the discovery of the New World by Columbus. Because of Spain's discovery, the kings of Portugal and Spain created the Treaty of Tordesillas which divided the world in two, giving almost all of Latin America to Spain with the exception of a tiny portion of South America that was given to Portugal. Colonization …show more content…
Another change in trade in Latin America was the start of the slave trade in the Caribbean because Latin America became a hub for the slaves delivered by the Portuguese from West Africa. Apart from that, a change in trade was the growth of the plantation economy in Latin America because this increased the demand for slaves in the region as well as the profits made by the slave traders in the Caribbean.
One of the continuities in Latin America during 1500-1750 was the dominance of European merchants in the region because of the advancements in technology made by Europe at that time. Apart from that, another continuity in trade in Latin America was the products it exchanged with other parts in the world during the Columbian Exchange because Latin America sent maize, potatoes, silver, gold and cash crops to Europe, Africa, and Southeast