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Question
- how did europeans use gold from africa during this time period?
To answer this, we analyze historical practices. During the era of trans - Saharan trade and later colonial periods, Europeans used African gold in multiple ways. They used it as a medium of exchange in international trade, to fund their colonial enterprises (like building infrastructure for exploitation, financing military campaigns to expand colonies), and to accumulate wealth that contributed to the development of their economies (such as investing in industries, supporting the growth of merchant classes). Also, gold was used to mint coins, which facilitated domestic and international trade within Europe and with other regions.
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Europeans used African gold as a medium of exchange in trade, to fund colonial ventures (military, infrastructure for exploitation), accumulate wealth for economic development (invest in industries, support merchant classes), and mint coins for trade and economic activities.