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AP European History
Unit 3 – Absolutism and Constitutionalism
Topic 3.3
How did trade companies, like the British East India Company, affect European economies during this period?
They caused economic depression due to oversaturation of goods.
They brought wealth and global goods into Europe through monopolized overseas markets.
They lead to a rise in piracy disrupting sea-based commerce routes.
They had little impact on national economies but influenced local markets significantly.
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AP European History - 3.3 Continuities and Changes to Economic Practice and Development from 1648-1815
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British East India Company
Trade Companies
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Resources
Cram Mode
AP Score Calculators
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Crisis Text Line
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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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