Chapter 14


Chapter14
Q 3  page 633 What lasting legacies of early modern globalization are evident in the twenty-first century? Pay particular attention to the legacies of the slave trade.
Early modern globalization had a lot in common with our current global economy. Much productive activity was geared to export rather than local consumption. There were large private companies like the British East Indian Company operated globally. There was an international currency in silver and gold while now the international currency is the US dollar.
One last thing legacy of Early Modern Globalization is racism. Three of the Major products of the American colonies were sugar, tobacco, and cotton. Due to the scarcity of population and the labor intensity of this industries, slaves were brought from Africa in large numbers.  They came to be looked upon as inferior or even subhuman. We have yet to completely free ourselves from this attitude as is evident from the current ongoing demonstrations around the world.

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