The Columbian Exchange Global Trade I Columbian Exchangethe
The Columbian Exchange & Global Trade
I. Columbian Exchange--the transfer of plants, animals, and diseases between the eastern and western hemisphere after Columbus reached the Americas.
Columbian Exchange
II. Commercial Revolution: new business/trade practices which began after colonization
1. Capitalism—economic system based on private ownership and the investment of wealth for profit
b. Joint-stock company-c. "corporation"--a number d. of people pooling their e. wealth for a common purpose ex. , colonization
3. Encomienda System— conquistadors were granted land right to demand labor/tribute from Native Americans.
a. When the Native Americans died from smallpox, the Europeans brought over Africans
4. Mercantilism—economic policy by which a nation sought to export more than it imported in order to build its national wealth
A. Ways to increase wealth: a. obtain gold and silver b. establish a favorable balance of trade ex. , sell (export) more than you buy (import)
B. Ultimate goal of mercantilism: countries want to be selfsufficient
II Results of economic changes in Europe: § 1. Growth in towns in Europe
2. Rise of merchant (middle) class (rose in status because of growth in wealth) a. This is the group that will fight for democracy in the future
Why was Columbus’ contact with the America’s considered a turning point in history?
Columbian Example #1 Exchange * * * Transfer of plants, animal, and Supporting diseases between Details the Eastern and Western Hempishere after Columbus’ contact with the Americas * Example #2 Supporting Details Example #3 * * * Supporting Details
Why was Columbus’ contact with the Americas considered a turning point in history? Example #1 Supporting Details Example #2 Example #3 Supporting Details * * * * *
Why was Columbus’ contact with the Americas considered a turning point in history? Columbian Example #1 Exchange * * * Transfer of plants, animal, and Supporting diseases between Details the Eastern and Western Hempishere after Columbus’ contact with the Americas Example #2 * Supporting Details Example #3 * * * Supporting Details
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