Which statement correctly compares how American and African economies were impacted by trade with Europeans?(1 point)
Responses
African 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.
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 as people were enslaved and their resources were extracted.
American and African economies suffered as people were enslaved and their resources were extracted.
American and African economies suffered from trade taking place along the Silk Road.
American and African economies suffered as people were enslaved and their resources were extracted.
They grew wealthy and purchased many artistic and luxury goods.
They experienced economic depression due to their own goods being devalued.
They experienced economic depression due to their own goods being devalued.
They were motivated to form permanent colonies in Asia after growing immense wealth.
They were motivated to form permanent colonies in Asia after growing immense wealth.
They made millions through the sale of luxury goods.
They made millions through the sale of luxury goods.
They grew wealthy and purchased many artistic and luxury goods.
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 correctly compare how American and African economies were impacted by trade with Europeans, we need to consider the historical context and the outcomes of trade relations. Here's an explanation of each option:
1. African and American economies accumulated wealth through the trade of fur, weapons, and textiles.
This statement suggests that both African and American economies prospered through the trade of fur, weapons, and textiles. However, it doesn't take into account the negative impacts that occurred during the trade.
2. African and American economies benefited when the raw materials of their land were processed into new goods.
This statement is more accurate. Both African and American economies experienced benefits when the raw materials from their respective lands were processed into new goods. This allowed for economic growth and development within these regions.
3. American and African economies suffered as people were enslaved and their resources were extracted.
This statement highlights the negative consequences that occurred as a result of trade with Europeans. Both American and African economies suffered due to the enslavement of people and the extraction of resources. These actions had a detrimental impact on the economic and social well-being of these regions.
4. American and African economies suffered from trade taking place along the Silk Road.
This statement is incorrect in the context of the question. The Silk Road refers to trade routes connecting Europe and Asia, rather than trade with Europeans in the Americas and Africa.
Considering the given options, option 3 ("American and African economies suffered as people were enslaved and their resources were extracted.") is the most accurate statement that correctly compares the impact of trade with Europeans on American and African economies.