Question

question 12

which of the following statements reflects the process of commodification?

• europeans profited by bringing tobacco from the new world back to europe.
• merchants established sea routes to meet demand for luxury items.
• the movement of people between europe and the new world intensified.
• european nations competed for access to the new worlds resources.

Explanation:

Define commodification

Using the Commodification knowledge point
Commodification is the process by which something (a product, service, or resource) that previously had no commercial value is transformed into an object of trade or a commodity to be bought and sold for profit in a market economy.

Analyze the options

• Europeans profited by bringing tobacco from the New World back to Europe: This directly illustrates commodification. Tobacco, which was used by Native Americans primarily for ritual and medicinal purposes, was transformed by Europeans into a highly valued commercial commodity grown, shipped, and sold globally for monetary profit.
• Merchants established sea routes to meet demand for luxury items: This describes the expansion of trade routes and logistics rather than the transformation of a specific resource into a market commodity.
• The movement of people between Europe and the New World intensified: This describes migration and demographic shifts, not the commercialization of goods.
• European nations competed for access to the New World's resources: This describes geopolitical and imperial competition rather than the specific process of turning a resource into a market commodity.

Answer:

• (A) Europeans profited by bringing tobacco from the New World back to Europe. (Correct answer)
• (B) Merchants established sea routes to meet demand for luxury items.
• (C) The movement of people between Europe and the New World intensified.
• (D) European nations competed for access to the New World's resources.