The discovery of America and that of the passage to the East Indies by the Cape of Good Hope, are...

Question

The discovery of America and that of the passage to the East Indies by the Cape of Good Hope, are the two (2) greatest events recorded in the history of [human] kind” – Adam Smith, inThe Wealth of Nations,1776. Think about why he and many other notables supported this statement, especially concerning the discovery of America. What was so important about this New World across the Atlantic Ocean from Europe? How did it change globalization in terms of trade, culture, societies, innovations, new and old world exchanges, and in other ways?
You have already developed a thesis statement and developed an outline in which you identify three (3) main points relevant to your topic. Now you will develop the final paper in which you explore your main points in detail.
Write a three to five (3-5) page paper in which you:

Introduce your paper with your previously crafted thesis statement.

Identify three (3) major aspects that demonstrate Old and New World exchanges. Explain your responses with specific examples and details.

Identify three (3) specific groups that were affected by this global event and provide two (2) examples for each group describing how the group was affected.

Summarize how this discovery affected the life of the average working American during the colonial period. Use specific examples and details.

Use at least three (3) academic references besides or in addition to the textbook.Note
:Wikipedia and other similar websites do not qualify as academic resources.

Rupsha · Accepted Answer

Last Name:	6
Title: Essay
Contents
Introduction	3
New Mode of Exchange	3
Affected Groups	4
Summary of Affected Average Americans	5
Conclusion	5
Work Cited	6
Introduction
The discovery of United States of America by Christopher Columbus mark a historical event which has lead to development of exchange policies of the new world. During his quest for the Eastern, coast of India Christopher Columbus accidentally made port on the eastern coast of the continent of North America. This marked a significant event in the history of Europe because after this time a new World order comprising of advanced trade and economy would follow because of the newly found land of North America.
New Mode of Exchange
The old and new world exchange can be characterized by a number of factors that have emerged over the ages after discovery of North America. They are as follows-
1. Economic exchange and modification of trade routes has been the first criterion that was fulfilled after the discovery of North America. As opined by Pascali, number of economic modifications in the European trade took place due to the advantageous utilization of raw materials that very readily available in the continent of America. 
2. Cultural exchange took place between the European countries and the American natives, which resulted in development of number of styles. The intermixing of American and European culture resulted in development of the current American culture that we see today. 
3. The exchange of skilled labor from the United States of America to Europe was a result of the discovery of America by Christopher Columbus.

The discovery of America and that of the passage to the East Indies by the Cape of Good Hope, are the two (2) greatest events recorded in the history of [human] kind” – Adam Smith, in The Wealth of...

Answer To: The discovery of America and that of the passage to the East Indies by the Cape of Good Hope, are...

Answer To This Question Is Available To Download

Related Questions & Answers

Submit New Assignment