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20 Cards in this Set
- Front
- Back
Importance of animals in Columbian trade (3)
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Moved people, change in labor, change in food supply
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Importance of plants during Columbian Trade
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Potatoes,tomatoes, corn &rice
Population increase |
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Primary effects: Disease: Columbian trade (3)
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1.smallpox, mumps, measles
2. Decrease in population 3. Cyphalus to the new world |
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Secondary effects: Disease: columbian trade
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1. Period of unrest w/ incas, mayans, and aztecs
2. Decrease in population and labor 3. Starvation |
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Why europeans enslaved africans (4)
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1. Needed workers
2. Skin color easily identifies them 3. Already exposed to diseases 4. Unfamiliar with land |
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Triangular trade
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Ships left europe➡️stop in africa to get slaves➡️ to americas to sell slaves and bring back goods🔁
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Middle passage
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The part of the triangle trade from africa to americas
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Market
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Ways for buyers and sellers to interact
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Interaction
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An exchange of goods or services
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Buyers of sugar market
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Coffee/tea drinkers, rum drinkers, people who make baked goods
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Sellers
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Private landowners, companies who ship it to europe
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Land component of sugar market
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Space to grow crops
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Component of labor in sugar market
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Workforce to maintain crops
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Component of capital in sugar market
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Money needed to buy things, the profit
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Joint stock companies
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When companies pooled money together to fund an exploration
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Industries developed after joint stock
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Banking, financial news, insurance, stock markets
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Mercantilism
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Economic thoery that states a country should do all it can to make country more wealthy
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Balance of mercantilism
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Fixed amt of wealth, when one countries wealth increases another ones decreases
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Mercantilism practices(4)
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High taxes
More manifacturing Military protection Money given to specialized companies |
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England and Netherlands: mercantilism
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Very wealthy places, their trade influenced the political system
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