This image illustrates a form of production that began to develop in Europe around the 16th century. How was this form of production a consequence of European economic practices in the Americas?
AEuropeans merchants used the supply of cheap labor in the Americas to pay European workers higher wages.
BEuropeans used colonies in the Americas to provide them with raw materials to be made into finished goods.
CEuropeans used triangular trade routes to bring finished goods to Europe from the American colonies.
DEuropean merchants established small factories in the Americas to increase the supply of goods to the European markets
AEuropeans merchants used the supply of cheap labor in the Americas to pay European workers higher wages.
BEuropeans used colonies in the Americas to provide them with raw materials to be made into finished goods.
CEuropeans used triangular trade routes to bring finished goods to Europe from the American colonies.
DEuropean merchants established small factories in the Americas to increase the supply of goods to the European markets