Compare the asian and the west european roles in the world economy that developed in the early modern period

The early modern period, which was the period that followed the period called the Middle Ages (around 1500 AD), and was marked by several important events worldwide that would drastically change the world as it was before them, especially the European powers expansionism. They gave birth to the early modern globalization period, which is how the historians refer to the globalization period after the archaic and before the modern one (globalization as we know today). They are best described below:

Globalization periods:

The european role was marked by the hegemony of the west european powers over the world (guaranteed by both the superior navy and dominance of several territories resulted from the expasionism, specially on Africa and the Americas). Although the main goal of the trade routes eploration was to expand trades with Asia, the charting of South America enabled the creation of the Atlantic Slave Trade, which was a high source of income for the powers that controlled it (Portugal and Spain), given that slaves were a greatly valuable commodity at the time.

Regarding Asia, the biggest and most important arrangement made was the creation of the East india Company by the British, that focused on the Indian Ocean region trades. It was also responsible for seizing control of large and strategically important parts of the Indian subcontinent, and the colonization of terriories in Southeast Asia, including Hong Kong. The company made possible the intense trade of highly valued Asian commodities such as cotton, silk, indigo dye, spices and opium.

This dominance benefited not only England but also the other European powers, even though they eventually expanded their dominance over Asian territories themselves.

the industrial development of cities in the ruhr area in the nineteenth century is described. the research was based on english and german language sources. several factors that shaped growth and paths of the cities were categorized and analyzed. they are locations, resources, traditions, entrepreneurs, and technological developments. locations and resources were the most important among them; other factors may be regarded as consequences from locations and resources. among the cities, bochum, essen, gelsenkirchen, and dortmund had the richest resources and most favorable locations in the transportation network and grew to be the largest cities in the ruhr area near the end of the nineteenth century. riverside location was also a favorable factor for the development, as shown in the development of duisburg on the confluence of rhine and ruhr. resource distribution can explain the rise of textile industry, metallurgical industry, and coal and iron industries, and the northward progression of the mining industry. tradition was an important factor for cities such as krefeld, barmen, elberfeld, solingen, and remscheid, which experienced development based on their traditions through the nineteenth century. various entrepreneurs exerted influences within and beyond the local level over the ruhr area. technological development stimulated the northward progression of the mining industry and the deep connection between the coal and the iron industries.