Impact of Sugar Trade on Colonial Economy

During the 17th century, the emergence of a transatlantic trade network significantly reshaped the economies and societies of both Europe and the Americas. One of the most pivotal aspects of this network was the trade in sugar, which became a highly lucrative commodity for colonial powers. Examine the following statements about the transatlantic trade and identify which one most accurately reflects the economic transformations resulting from the sugar trade in the context of colonial America.