The Age of Exploration changed many things and had an impact on things economically, socially, and politically. Such economical changes was multinational trading companies that were given monopoly rights. Monopoly rights is a privilege that grants authority to a person or company to exclude other people from selling, using, or even producing an item. For example, British and Dutch trading companies were given this privilege. Social impacts were mobility for traders, merchants, and soldiers. This means that is was a movement of these individuals in a social position that happened over time. Another social impact that happened is, people started to work harder for items. But as a result of hard working people, they were using children to work.