The Impact on Exploration on Europeans Economics.

1. How does a market economy grow?

1.1. people made money by selling and buying.

1.1.1. New node

1.2. When a big amount of sellers and a big amount of product then the price goes low.

1.3. Market economys happens by buyers and sellers.

2. What is Mercatilsim?

2.1. It was a way to make a lot of money and go very powerful was to save money

2.2. They would have established colonies to get more money

3. How did Capitalism help exploration?

3.1. An investment was made in making profits and also worked on trading

3.2. Exploration->trade->money->investment->Capitalism

4. What is cottage industry?

4.1. Sellers would make people work in houses to help out with all the products brought by the explorers.

4.2. A lot of products were made in these homes.