Which statement correctly compares how American and African economies were impacted by trade with Europeans?(1 point)

Responses

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 from trade taking place along the Silk Road.

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.

African and American economies accumulated wealth through the trade of fur, weapons, and textiles.

The correct statement is: African and American economies benefited when the raw materials of their land were processed into new goods.

The correct statement that compares how American and African economies were impacted by trade with Europeans is:

"African and American economies benefited when the raw materials of their land were processed into new goods."

To arrive at this answer, let's go through each option and eliminate the incorrect ones:

1. "American and African economies suffered as people were enslaved and their resources were extracted."
This option describes the negative impacts of the Transatlantic Slave Trade, where millions of Africans were enslaved and forced to work on plantations in the Americas. While it is true that this trade had detrimental effects on both American and African economies, it does not encompass the entirety of the impact of trade with Europe.

2. "American and African economies suffered from trade taking place along the Silk Road."
This statement is incorrect because the Silk Road refers to an ancient network of trade routes linking Asia, Europe, and Africa, not specifically America. Trade along the Silk Road did not directly impact American economies.

3. "African and American economies accumulated wealth through the trade of fur, weapons, and textiles."
This statement is also incorrect. While it is true that trade with Europeans involved the exchange of goods such as fur, weapons, and textiles, it does not capture the overall impact on the economies. The accumulation of wealth was not the primary characteristic of the impact on African and American economies.

Thus, the correct answer is:

"African and American economies benefited when the raw materials of their land were processed into new goods."

Trade with Europeans allowed for the extraction of raw materials from Africa and America, which were then transformed and processed into new goods. This led to economic development and growth in these regions as they participated in global trade networks.