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World History > Columbian Exchange and Global Trade > Flashcards

Columbian Exchange and Global Trade Flashcards

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1
Q

What introduced new items into Eastern and Western hemispheres

A

The colonization of the Americas

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2
Q

What 2 crops from the Americas become crops in Eastern Hemisphere

A

Corn and Potatoes

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3
Q

What 2 things were introduced by Europeans and became used in Americas

A

New animals and plants

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4
Q

How many people of Native Americans did European Diseases kill

A

Millions

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5
Q

Name 2 diseases from Europe to the Americas

A

Smallpox and cough

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6
Q

Name 3 foods from the New World

A

Tobacco, corn, and potatoes

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7
Q

Name 3 foods from the Old World

A

Grapes, grains, and onions

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8
Q

What changes business in Europe

A

Growth of Trade

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9
Q

What is the new economic system

A

capitalism

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10
Q

What is capitalism based on

A

private property and profit

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11
Q

what did increase in business lead to

A

inflation

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12
Q

What is inflation

A

rising prices

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13
Q

what caused high inflation in Spain

A

gold and silver from Americas

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14
Q

What lets investors share risk

A

Joint-stock company

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15
Q

What did these companies to do the Americas

A

help them fund colonies

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16
Q

What was the new economic policy

A

mercantilism

17
Q

What did mercantilism do

A

emphasized national wealth as source of power

18
Q

what is the belief in the benefits of trading

A

commercialism

19
Q

what is one way for nation to increase wealth

A

gather gold and silver

20
Q

what is it called when the nation sells more goods than it buys

A

Favorable balance of trade

21
Q

What does colonies provide that makes the home country uses to make goods

A

raw materials

22
Q

What spurs growth of towns

A

economic changes

23
Q

Where do most poor people live

A

rural areas

World History (11 decks)

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