How The Columbian Exchange Changed Global Consumption...

Issue Paper 2 Tino LoGerfo History 105 What many people only know about Christopher Columbus’s expedition is that he found the Americas. While this is true, he did find a completely new frontier that was unknown to the Old World, his findings re-shaped global consumption patterns from the seventeenth century. He found a New World filled with resources that the old world hasn’t seen before. When he found the new world he brought with him European plants and animal species that were foreign to the citizens of the New World. The Columbian Exchange introduced many foods that are still essential to consumption in today’s world along with the seventeenth to nineteenth centuries. The potato is a prime example of how the Columbian Exchange changed global consumption patterns because it was nutritious and had an abundant amount of calories in it and caused a mass population increase in areas where the potato was available. The use of slaves also increased exponentially when sugar cane was introduced. This was a very cheap, productive way to produce a large amount of sugar and it was used by many Old World countries. The findings of these new world products created a rise in global consumption and production because products were introduced to the both the New World and the Old World and there instantly became a large spike in the availability of products. Along with this, the old world decided to go out and get themselves involved in the New World because they saw an opportunityShow MoreRelatedComparative Advantage11136 Words   |  45 Pagesintroduced in 1817 by David Ricardo and applied in economics as to the ability of a party (an individual, a firm, or a country) to produce a particular good or service at a lower  opportunity cost  than another party. Comparative advantage explains how  trade  can create value for both parties, which is the pure theory of international trade. 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