Three Worlds Meet

Which is a positive balance of trade for a country? importing goods and exporting services importing raw materials and exporting goods importing more goods than exporting exporting more goods than importing

D

What were some effects of the Columbian Exchange? Africa grew wealthy from the slave trade, the Americas gained gold from Europe, and the merchant class of Europe was born. Africa's population declined, the Americas flourished with plants from Europe, and wealth flowed in the European economy. African society was torn apart by the slave trade, the Americas exported finished goods to Europe, and European countries invested in the American stock market. West Africa began agricultural farming, the Americas were introduced to horses, and Europe started funding state banks.

B

Read the following passages from John Newton's diary. Saturday 22 June Being pretty warm, got up the men and washed all the slaves with fresh water. l am much afraid of another ravage from the flux [diarrheal infection], for we have had 8 taken within these few days. Thursday 27 June When we were putting the slaves down in the evening, one that was sick jumped overboard. Got him in again but he died immediately between his weakness and the salt water he had swallowed, though I imagine he would have lived but a little while being quite worn out. Which claim is supported by this reading? The men on board the ship treated the enslaved people well. The ship suffered an epidemic of bacterial infection. The enslaved people onboard suffered from illness with some frequency. A large percentage of the enslaved people onboard had died.

C

How did the Columbian Exchange affect the African people? The introduction of new crops and the decimation of the native population in the New World led to the capture and enslavement of many African people. The introduction of new crops and the Commercial Revolution in Europe led to the transfer of goods for African land. The introduction of new animals and diseases to the Americas led to the Middle Passage, a ship route that transported many American Indians to Africa. The introduction of the joint-stock company and the rise of cities and towns led many African people to invest in the New World.

A

The illustration shows a section of a slave ship along the Middle Passage. What does this drawing show about enslaved Africans aboard this ship? It shows how tightly they were packed, which led to a harsh and often deadly journey. It shows how loosely they were packed, which led to a very safe and calming journey. It shows how comfortably they were packed, which led to a secure and harmless journey. It shows how carelessly they were packed, which led to a casual and effortless journey.

A

Which statement best describes the effect of Triangular Trade on Africa? Communities were devastated, the population declined, families were torn apart, and slave trading wars claimed even more African lives. Societal fabric was destroyed, between 10-15 million Africans were sent to the New World, and the rise of African state banks occurred. Young, healthy Africans were sent to the New World, a smallpox epidemic further decreased the population, and Africa began growing coffee. Ten to twenty percent of Africans on the Middle Passage died due to inhumane conditions, West Africa became a trading post for corn and wheat, and wars for colonial control began.

A

What aspect of the Commercial Revolution would bring discord between colonists and their mother countries? There was a lack of a stock exchange in the colonial outpost. All goods and raw materials were tightly regulated by the mother country. Colonial farmers were taxed on goods they produced. Colonists were not permitted to buy shares in joint-stock companies.

B

What is the name for the time period depicted? 1492 Columbus reached Americas 1763 seven year war ends Age of Columbus Age of Exploration Age of Slavery Age of Commerce

B

Which is the most accurate list of mercantilism rules? i. Collect gold and silver. ii. Import more goods than what one exports. iii. Provide raw materials to colonies. iv. Sell manufactured goods from colonies to the mother country. i. Collect gold and silver. ii. Export more goods than what one imports. iii. Have the colonies provide raw materials. iv. Sell manufactured goods from the mother country to colonies. i. Sell gold and silver. ii. Import more goods than what one exports. iii. Sell raw materials to colonies. iv. Provide manufactured goods to colonies. i. Sell gold and silver. ii. Export more goods than what one imports. iii. Have colonies sell raw materials. iv. Sell manufactured goods from the mother country to colonies.

B

Which aspect of the financial system created by the Commercial Revolution most clearly paved the way for today's corporations? joint-stock companies state-created banks stock markets stable currencies

A

What is the best definition for mercantilism? an economic policy in which investors buy shares in a company in order to share the risks and profits an economic policy in which countries collect gold or silver and control trade an economic system in which individuals own businesses an economic system in which money is put into something, such as a business, in order to make a profit

B

What gave rise to the slave trade? The lack of a skilled labor force in the Americas and the decline of the West African population caused residents to seek a living elsewhere. The shipment of gold from the Americas to Europe caused plantation owners to seek inexpensive laborers. The death of many American Indians to disease and the planting of labor-intensive crops. The European investment in trading companies and the rise of Christianity in the Americas.

C

The Dutch East India Company, the British East India Company, and the Virginia Company were single-stock companies multiple-stock companies monarchy-funded companies joint-stock companies

D

The impact of the Commercial Revolution could be most felt in which realm? There was a social impact; the merchant class grew and towns and cities became more populated. There was a trade-related impact; the increase of global trade had an enormous effect on the Old and New World. There was an economic impact; the birth of the banking system, growth of capitalism and companies dramatically increased the wealth of nations. There was an environmental impact; the increased movement of goods and people drastically changed the environment.

B

The map below shows a graphic representation of an important movement in the 16th - 18th centuries. What do the arrows show? the three primary trade winds that helped ships travel in the 1500s the movement of goods, money, and enslaved people that made up Triangular Trade the movement of silver during the Commercial Revolution three primary routes for commercial trade between Hispaniola and the Old World

B