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Other areas of the Columbian exchange involve economic, religious, and cultural transformations. The great amounts of silver which flowed in the mines in South The usa again to Spain altered the European overall economy. The new prosperity led to raised lives For most Europeans and an increased populace. The greater circulation of silver permitted the Catholic Church to underwrite a response to the issues posed with the Protestant Reformation and spread Catholicism amongst the natives inside the Americas.

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On his next voyage towards the Americas in 1493, Columbus introduced pigs. Unusually rugged in surviving the ocean voyage, the pig delivered the Spanish with an additional source of food items.

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Other alterations which revolutionised the field involved the start and exponential development of economic futures during the 1970s, and the development of display-based mostly investing inside the 1980s as quite a few exchanges moved to end pit-trading and open up-outcry, leaving lots of conventional investing floors severely depleted or outright abandoned.