How did the discovery of the New World change Europe and Europeans (discuss in terms of economy, political developments and general world view).

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How did the discovery of the New World change Europe and Europeans (discuss in terms of economy, political developments and general world view) The discovery of the New World has totally changed European society and the impacts have influenced not only on the mental thinking but also on the politics all over Europe.  In the Age of Discovery, the Portuguese aggressively built a monopoly in the spice trade from the east by dominating the trade routes around the continent of Africa throughout the sixteenth century.  On the other hand, Spain wanted to think of some way to break the
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monopoly by developing a new western route to the eastern countries but the problem was that this route was considerably much longer than the route around Africa.  During that time, the economy at the times was still based on agriculture and land was still thebasis of wealth.  The problem was that the agricultural productivity was no longer sufficient to feed the population as well as produce sufficient materials for manufacturing.  What caused the situation worse was that the money exchange was based on the amount of gold and silver and the quantity of these metals available for the economy was ...

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