The Columbian Exchange and Market Expansion The Columbian Ex…
The Columbian Exchange and Market Expansion The Columbian Exchange not only involved the transfer of goods but also led to significant economic growth and diversification in Europe and the Americas. The introduction of new crops like potatoes in Europe and sugarcane in the Americas exemplifies how free-market dynamics can drive economic expansion and innovation through increased competition and supply diversification. Question: What role did the free market play in the economic developments following the Columbian Exchange? A) It limited the variety of goods in the market. B) It discouraged agricultural innovation. C) It promoted competition and diversity in agricultural products, enhancing economic growth. D) It led to the implementation of strict trade regulations.