Uncover the connection between the era of great geographical discoveries and the price revolution.
Uncover the connection between the era of great geographical discoveries and the price revolution. Which populations have suffered from the price revolution and which have benefited?
The great geographical discoveries enriched the wealthy class of the society of the colonizing countries. The occupied lands were mercilessly ravaged by the civilized people of the Strict Light. The peoples who lived for many centuries on their land were expelled and placed in places of little use for life. Valuable raw materials, gold and silver were exported from the colonial countries. The influx of large quantities of gold into Europe triggered a sharp rise in prices. Not wealthy citizens of European countries lived in poverty. Thousands of Europeans tried to leave their homes and sail overseas.
