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History, 17.10.2020 19:01 dearydn22

"The development of a plantation economy, beginning in the 16th century, transformed Africa, America, Europe, and Asia, too. It displays the old soul trade and shifted the increasingly dynamic centers of the world economy Westword to the Atlantic…" "The Atlantic economy supplied eager European customers with mildly addictive… Crops like tobacco and coffee, along with sugar… The Atlantic plantation system transformed these three products into Items of general consumption… Investors prospered and capital for further economic development accumulated in the home country. The governments found funding and motive to develop see power. The Americas had lucrative export crafts and developed a society based on a system of labor exploitation of Africans, and Africa suffered the transport of 11 million other people into the New World"

The excerpt makes the overall argument that the Atlantic economy

A) Eliminated competition between European nations

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