First, it caused the so-called "business revolution".
Due to the opening of new air routes, the scope of European trade has expanded unprecedentedly, and the ties between western Europe and all ethnic groups in various regions of the world have been strengthened, and the world market has begun to take shape. The European trade center moved from the Mediterranean to the Atlantic coast, and Italy's commercial status was gradually replaced by Spain, Portugal, Britain and the Netherlands.
The second is the so-called "price revolution".
After the opening of the new sea route, Spain and other countries plundered a large amount of gold and silver from the colonies, and the precious metals in Western Europe increased by more than three times, resulting in a decline in the value of gold and silver, an increase in prices and a decrease in the purchasing power of money. While paying the devalued currency wages, the bourgeoisie sells goods at high prices and makes huge profits. The fixed-currency land rent collected by feudal landlords was also affected by the price revolution. The price revolution is one of the factors of primitive accumulation, which has helped the growth of capitalism in western Europe.
More far-reaching significance
1. Broaden human horizons:
2. Promote the global communication of races, animals and plants;
3. It has promoted global economic exchanges, formed a global economy and formed an international division of labor on a large scale for the first time.
It has brought different consequences to countries in different parts of the world.