Chapter 7 Section 2 outline Flashcards
1
Q
tools for navigation
A
compass
astrolabe
2
Q
the compass was introduced during the
A
1100’s
3
Q
determined latitude of a ship
A
astrolabe
4
Q
the commercial revolution was during
A
late 1400’s to 1700’s
5
Q
stable currency
banking services became specialized
A
commercial revolution
6
Q
investors bought shares in a company
these investors became co-owners
A
joint- stock company
7
Q
country’s wealth was based on the amount of gold they had
A
mercantilism
8
Q
your goods are sold to other countries more than you buy
A
balance of trade
9
Q
tax on imports
A
tariffs
10
Q
role of the colonies
A
provide raw materials
could not trade with other countries.
11
Q
people’s desire to learn more increased
increased population
opportunity for quick profit.
A
social change
