Colonization and the World Wide Economy
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Last updated almost 5 years ago
28 questions




| Draggable item | arrow_right_alt | Corresponding Item |
|---|---|---|
exports | arrow_right_alt | things you buy from other countries |
tariffs | arrow_right_alt | things you sell to other countries |
Imports | arrow_right_alt | taxes placed on goods from other countries |







| Draggable item | arrow_right_alt | Corresponding Item |
|---|---|---|
Columbian Exchange | arrow_right_alt | transfer of people, animals, plants, technologies and diseases between the Old World and the New World. |
Triangle Trade | arrow_right_alt | trade between Europe, Africa and the Americas |






| Draggable item | arrow_right_alt | Corresponding Item |
|---|---|---|
Capitalism | arrow_right_alt | allowed individuals to make a profit and gave incentive for literacy and innovation |
European landowners and lords | arrow_right_alt | only kings (governments) made a legal profit, gave people incentive to break the law in order to make a profit |
mercantilism | arrow_right_alt | gained power and wealth |
Middle class (merchants, skilled craftsmen, townspeople) | arrow_right_alt | lost power and wealth when the banking system changed and people moved to towns and cities |