AP MODERN WORLD HISTORY 1. Explain ONE way in which mercantilism affected economies in Africa and Asia in the period c. 1450-c. 1750. 2. Explain ONE way in which the development of a global economy affected societal structures in European states between c. 1450-c. 1750. 3. Explain ONE way in which the Commercial Revolution transformed global economics in the period c. 1450-c. 1750