Which statement correctly compares how American and African economies were impacted by trade with Europeans?(1 point)ResponsesAfrican and American economies accumulated wealth through the trade of fur, weapons, and textiles.African and American economies accumulated wealth through the trade of fur, weapons, and textiles.American and African economies suffered as people were enslaved and their resources were extracted.American and African economies suffered as people were enslaved and their resources were extracted.African and American economies benefited when the raw materials of their land were processed into new goods.African and American economies benefited when the raw materials of their land were processed into new goods.American and African economies suffered from trade taking place along the Silk Road.American and African economies suffered from trade taking place along the Silk Road.
The statement "American and African economies suffered as people were enslaved and their resources were extracted" correctly compares how American and African economies were impacted by trade with Europeans.
The correct statement is: American and African economies suffered as people were enslaved and their resources were extracted.
The statement that correctly compares how American and African economies were impacted by trade with Europeans is: "American and African economies suffered as people were enslaved and their resources were extracted."
To arrive at this answer, we need to analyze the impact of trade with Europeans on both regions.
During the Age of Exploration, European powers established colonies and engaged in the transatlantic slave trade, which heavily affected African and American economies. Africans were captured, enslaved, and transported to the Americas, where they were forced to work on plantations and in mines. This exploitation of human labor had a severe impact on both African and American economies, as resources such as gold, silver, sugar, and cotton extracted by enslaved African people were sent back to Europe to generate wealth for the European nations. The enslaved individuals were seen as property, resulting in the loss of human capital within both African and American societies.
Additionally, European colonial powers maintained a system of mercantilism, where raw materials from African and American lands were exported to European nations. These raw materials were then processed and manufactured into finished goods, increasing the industrial capabilities of European nations. This process created an economic imbalance, as African and American economies were dependent on exporting raw materials and lacked the ability to produce finished goods themselves.
Overall, the correct statement is that the economies of America and Africa suffered as people were enslaved and their resources were extracted.