Global commerce refers to the exchange of goods, services, and ideas between different regions of the world on a large scale. It involves long-distance trade networks and the establishment of global economic systems.
Related terms
Cultural diffusion: Cultural diffusion is the spread and mixing of cultural beliefs, practices, and languages through contact between different societies.
Mercantilism: Mercantilism is an economic system during the early modern period that focused on maximizing exports and accumulating wealth through colonization and trade.
Triangular trade: Triangular trade was a system where goods were exchanged between Europe, Africa, and the Americas in a triangular pattern. It facilitated global commerce during the early modern period.