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European nations, through voyages of discovery, were looking for new trade routes in the fifteenth and sixteenth centuries, which allowed the European powers to build vast, new international trade networks. Nations also sought new sources of wealth. To deal with this new-found wealth, new economic theories and practices were created. Because of competing national interest, nations had the desire for increased world power through their colonial empires. The Commercial Revolution is marked by an increase in general commerce, and in the growth of non-manufacturing pursuits, such as banking, insurance, and investing...
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Common topics in this essay:
- A Trade War With China?
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