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Home > AP World History | Chapter 17 | The World Economy Flashcards

AP World History | Chapter 17 | The World Economy Flashcards

World Civilizations: The Global Experience | Seventh Edition | Peter N. Stearns

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3555120926world economyEstablished by Europeans by the 16th century; based on control of seas; including the Atlantic and Pacific; created international exchange of foods, diseases, and manufactured goods.0
3555122613Cape of Good HopeSouthern tip of Africa; first circumnavigated in 1488 by Portuguese in search of direct route to India.1
3555124551Columbus, ChristopherGenoese captain in service of king and queen of Castile and Aragon; successfully sailed to New World and returned in 1492; initiated European discoveries in Americas.2
3555125900Magellan, Ferdinand(1480-1521) Spanish captain who in 1519 initiated first circumnavigation of the globe; died during the voyage; allowed Spain to claim Philippines.3
3555128174Dutch East India CompanyJoint stock company that obtained government monopoly over trade in Asia; acted as virtually independent government in regions it claimed.4
3555128175British East India CompanyJoint stock company that obtained government monopoly over trade in India; acted as virtually independent government in regions it claimed.5
3555131365LepantoNaval battle between the Spanish and the Ottoman empire resulting in a Spanish victory in 1571.6
3555131366core nationsNations, usually European, that enjoyed profit from world economy; controlled international banking and commercial services such as shipping; exported manufactured goods for raw materials.7
3555132940mercantilismEconomic theory that stressed governments' promotion of limitation of imports from other nations and internal economies in order to improve tax revenues; popular during 17th and 18th centuries in Europe.8
3555132941mestizosPeople of mixed European and Indian ancestry in Mesoamerica and South America; particularly prevalent in areas colonized by Spain; often part of forced labor systems.9
3555135655Balboa, Vasco de(c. 1475-1519) First Spanish captain to begin settlement on the mainland of Mesoamerica in 1509; initial settlement eventually led to conquest of Aztec and Inca empires by other captains.10
3555137251Pizarro, FranciscoLed conquest of Inca Empire of Peru beginning in 1535; by 1540, most of Inca possessions fell to the Spanish.11
3555137252New FranceFrench colonies in North America; extended from St. Lawrence River along Great Lakes and down Mississippi River Valley system.12
3555139162Seven Years WarFought both in continental Europe and also in overseas colonies between 1756 and 1763; resulted in Prussian seizures of land from Austria, English seizures of colonies in India and North America.13
3555139163Treaty of ParisArranged in 1763 following Seven Years War; granted New France to England in exchange for return of French sugar islands in Caribbean.14
3555141318Cape ColonyDutch colony established at Cape of Good Hope in 1652 initially to provide a coastal station for the Dutch seaborne empire; by 1770 settlements had expanded sufficiently to come into conflict with Bantus.15
3555141319BoersDutch settlers in Cape Colony, in southern Africa.16
3555141320CalcuttaHeadquarters of British East India Company in Bengal in Indian subcontinent; located on Ganges; captured in 1756 during early part of Seven Years War; later became administrative center for all of Bengal.17
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