AP Euro- Ch. 17 Study Guide

According to Adam Smith, under what conditions did the "natural price" of a commodity more or less equal its "market price"?

A) When supply more or less equaled demand

According to Thomas Mun, which of these was crucial to a country's economic health?

B) A positive balance of trade.

In seventeenth- and eighteenth- century Europe, guild masters

C) guarded their guild privileges jealously.

According to recent scholarship, during the eighteenth century, the guild system

D) remained flexible as masters adopted new technologies and circumvented impractical rules.

Why did European slave traders in Africa adopt the "shore method" of trading in the 18th century?

A) It permitted Europeans to move easily along the coast, obtaining slaves at various slave markets and then departing quickly for the Americas.

From 1701 to 1763, what was at stake in the wars between Great Britain and France?

A) The position as Europe's leading maritime power, with the ability to claim profits from Europe's overseas expansion

Which of the following characterizes eighteenth-century colonial trade in Europe?

A) Britain's mercantilist system achieved remarkable success as trade with its colonies grew substantially.

Population growth in Europe in the 18th century occurred

A) in all regions

On what grounds might a supporter of Clive and an opponent of Equiano have defended slavery?

B) On the grounds that market forces have no moral dimensions

What was the status of Jews in European colonies in the eighteenth century?

A) They faced political and economic forms of discrimination but were considered to be white Europeans and thus could not be enslaved.

How did the problem of food shortages change in the eighteenth century?

A) increased road and canal building permitted food to be more easily transported to regions with local crop failure and famine.

The spinning of thread for the loom

A) required the work of several spinners for each loom, which led merchants to employ the wives and daughters of agricultural workers at terribly low wages.

In the 18th century, advocates for agricultural innovation argued that

C) landholdings and common lands needed to be consolidated and enclosed in order to farm more efficiently.

The images of guild-based economy activity suggest that

C) women were active participants in the urban economy.

The Industrial Revolution was a result of

D) poor families choosing to reduce leisure time and the production of goods for household consumption in order to earn wages to buy consumer goods.

Which of the following describes the enclosure movement of the 18th century?

B) The land was divided into plots bounded by fences to farm more efficiently.