What is the overall economic result of the Columbian Exchange and Triangular Trade?

Impact of the Columbian Exchange

In Europe new types of foods improved diets and lifespans. European economies also improved through trade  (see Mercantilism). Animals like the cow and the horse changed the lives of many Native American groups. However,  Native Americans infected with smallpox  connected to Asia, Africa, and Europe by trade and migration on a constant basis. We call this the Columbian Exchange.  The Columbian Exchange transported plants, animals, diseases, technologies, and people one continent to another.  Crops like tobacco, tomatoes, potatoes, corn, cacao, peanuts, and pumpkins went from the Americas to rest of the world.  At the same time, Europeans brought in foods like bananas and coffee; animals like cattle, sheep, pigs and horses; and  diseases like smallpox and malaria. This process is often seen as an earlier stage of what we call globalization today.  European diseases had the largest impact on Native Americans. Diseases like  smallpox and influenza killed millions of Native Americans. Historians estimate that  diseases killed between 50% and 90% of natives. The large number of dead made  their societies much easier to conquer and control. As Europeans took control of  land, they needed labor for the cash crops (like sugar, cotton, and tobacco) grown in  the Americas. One result from the need of labor was the development of slavery

The Triangular Trade

The triangular trade was the trade between Europe, Africa, and the Americas. Raw

materials like precious metals (gold and silver), tobacco, sugar and cotton went from

the Americas to Europe. Manufactured goods like cloth and metal items went to Africa and the Americas. Finally, slaves

went from Africa to the Americas to work. This trade created great profits for Europe. The lives of Native Americans were

severely damaged or destroyed through violence and economic and environmental damage. African slaves also suffered

horribly. The trip from Africa to the Americas was called the Middle Passage. In the Middle Passage hundreds of slaves

were packed tightly into ships. Conditions were horrible. Diseases spread in the small spaces, and as many as 20% of

Africans died before even arriving in the Americas. Survivors were sold into brutal slavery, working in mines or on farms

growing cash crops

The technique used is sampling. The process that you will do in random sampling is there will be a selection of a subset of randomised number of the members of the population of a study. The researcher will have to take a portion of a population and treat them as representative of that population. There are actually a lot or different kinds of sampling. These are the random sampling, systematic sampling, stratified sampling, convenient sampling and judgment sampling, quota sampling and snowball sampling. Since the data is taken from every member of the population, this is called census study. It is a common knowledge that the entire population is too much to cover by the researcher alone thus this is what the researchers do. They then carefully choose samples to represent the whole population for their study.