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The growth of competition and interdependence in national and world markets **1773 Atlantic Economy** ====As Great Britain became the leading maritime power, British played the critical role in building a unified Atlantic economy. The growth of trade encouraged economic development and tensions among countries in the Atlantic basin. Through the global market, the four continents were able to exchang slaves and other goods. In order to gain more profits and better goods, the countries had to compete in world markets for better goods. Naturally, the Atlantic economy caused the progress of competition and interdependance of European and other countries. The mercantilism spread to regulate economics by British as well. Through the Atlantic economy, the growth of tensions and inderdependence in national markets were expected from all over the world.====

Works Cited:

McKay, John, Bennett Hill, and John Buckler. //A History of Western Society//. 7th ed. Boston: Houghton Mifflin Company, 2003.