The World Economy
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| 106972391 | changes and continuities 1450-1750 | changes: new global economy; biological exchange; new empires continuities: gender roles; not too many technological innovations | 0 | |
| 106972392 | incentives for Europeans to explore | need gold/something valuable want to bypass Middle E & Muslims to trade w/ Asia excited about discovering new things | 1 | |
| 106972393 | new technologies allowing Europeans to explore further | deep-draft, round-hulled sailing ships improved compass improved mapmaking knowledge of explosives which led to gunnery | 2 | |
| 106972394 | early Spanish expeditions | Columbus-Americas 1492 Ferdinand Magellan-reached Indonesia, claimed Phillipines 1521 some Pacific islands | 3 | |
| 106972395 | Dutch East India Co. and British East India Co. | companies set up in regions, semiprivate, like a govt.; could raise army and coin money and make profits promoted world trade | 4 | |
| 106972396 | degree Europeans dominated intl trade | Europe dominated intl trade quite a bit but Asian and Middle East shipping still important | 5 | |
| 106972397 | mercantilism | nation-state only imported from own empire but sells as much as they can to everybody had tariffs to discourage manufacturing in colonies | 6 | |
| 106972398 | core-dependent system | core nations (Eng., Fr., Sp.,Por., etc.) provide business for some in dependent nations (Americas, etc.) | 7 | |
| 106972399 | roles China and Japan played in the world economy during the early modern period | still traded with others, but not very much world economy not extremely important to them, but Europe wanted their goods, esp. China's | 8 | |
| 106972400 | reasons for South Africa to be an exception to typical European involvement in Africa | boers (Dutch word for farmers) went inland, for large pieces of land and settled in the rest of Africa, mostly limited to small coastal fortresses b/c of climate, disease, & unnavigatable rivers | 9 | |
| 106972401 | economic and diplomatic impacts that colonization had on W Europe | relationships b/w countries worsened sugar became much more common and cheaper more profits from slave trade reduced dependence on agriculture alone bigger commercial sector more tax revenues for growing govt. and military | 10 | |
| 106972402 | pros of the development of the world economy | more profits for Europe new foods and wider trade patterns helped some societies deal w/ scarcity individual merchants and landowners gain new wealth China prospers from silver more mixture and interactions b/w people | 11 | |
| 106972403 | cons of the development of the world economy | more unfree labor system more slavery and serfdom esp. in Latin America & E Europe slave trade disrupted W Africa many indigenous people in Americas killed/died lots of conflicts b/w colonies and colonizers and b/w European countries | 12 |
