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AP European History
Unit 3 – Absolutism and Constitutionalism
Topic 3.3
How did the expansion of trade networks impact European economies between 1648-1815?
Expanded trade networks caused severe inflation across all sectors of the economy leading to widespread poverty
Expansion of trade networks had minimal effects since domestic production was prioritized over importation
Broadened trade routes resulted in economic decline due to competition from non-European traders.
Expanded trade networks greatly increased global commerce, enriching many Europeans through overseas ventures.
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AP European History - 3.3 Continuities and Changes to Economic Practice and Development from 1648-1815
Key terms
European economies
Expansion of trade networks
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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