ch. 16
tariff
A tax on imported goods
Explorer Amerigo Vespucci concluded that the land discovered by Columbus was not part of Asia, but a new land.
true
Had the Columbian Exchange not taken place, Texans could not be cattle ranchers.
true
Spanish colonization of the americas resulted in the deaths of millions of native americans from overwork, epidemic diseases and mistreatment on ecomiendas
true
the age of exploration was driven in large part by the search for wealth
true
Scholars estimate that how much of all food crops grown around the world today are of American origin?
1/3
joint stock
A company made up of a group of shareholders. Each shareholder contributes some money to the company and receives some share of the company's profits and debts.
The food exchange between europe and the americas
Europeans brought wheat, sugar, and sheep to the Americas, and took corn, potatoes, and turkeys to Europe
Columbian Exchange
The exchange of plants, animals, diseases, and technologies between the Americas
An increase in business activity due to colonization caused which of the following?
a new class of wealthier merchants emerged into europe
Capatilism
an economic system based on private ownership and on the investment of money in business ventures in order to make a profit
Mercantilism
belief in the benefits of profitable trading; commercialism.
balance of trade
export more than you import
Colonies in the Americas were allowed to sell raw materials to countries other than the home country.
false
During the mercantilist era, wealth was measured by the amount of land that a nation possessed.
false
Sir Francis Drake found a route around north america from the pacific to the alantic
false
the 1st country to launch large scale voyages of exploration was spain
false
subsides
grants of money to help business people start a new industry
Mercantilists would advocate that a nation do which of the following?
sell more goods than it buys from foreign countries
what was an affect of the Columbian exchange
the exchange of foods and animals had a dramatic impact on later societies
One result of the Treaty of Tordesillas
the spanish empire was larger than the portuguese empire