Unit 5 Exploration and Exploitation Flashcards
Absolutism
One person should rule god is ruling on person foot in French Revolution form of Protestant
Military legal system and taxes
Young Lewis xiv
Don’t disobey or your doing that to god
Divine rights of kings
Feudalism
Made up by historians no unified government
System in mideival Europe
Loyal to individual Kings land Nobles rented paid king Knights. Protected and lived on land Peasants worked on land and protection Given land and used land for things and loyalty is given
Exploration Navigational Inventions
Spears, horses, ships
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Middle Passage
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Joint stock company
Promotes business by allowing investors to share money risk and reward
Loan
Fails
Joint stock each person looses a 1 instead of 1 person loosing millions
Colonization
Raw materials from new colonies into industrialized materials
From mother country must trade with them
Favorable balance of trade
Sell more than you buy export and inport
Europeans did by forming new colonies and resources from new to old by using slaves native
Commercial Revolution
Sparked interest in trade longer voyages to make goods cheap
Bankers have money Peasants got land and money came form Black Plague
Foreign luxuries explore and expensive wars
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Mercantilism
Economic system accumulating of gold a silver by a country
Sell more than buy competing with other countries
Control all trade to make as much money as possible favorable balance of trade
Colonies
European settlements in other parts of the world colonies could only trade with the mother country
Treaty of Tordesillas
Spain and Portugal were worried about finding land and the other claiming it so they split up directions
S west close to America’s
P unexplored East route of Africa
Colombian exchange
Exchange of plants and animals between new and old Europe and America
Wasn’t fair more like an extraction of people slaves to be used to get materials and lots of them died
Triangle of trade
Europeans wanted the best bang for there buck problems were bland food and loves they need sugar and alcohol to spice things up ship for cheap they got slaves raw to manufactured goods
Portuguese exploration
Gold Coast East through Indian Ocean
They got spice lands fourth Turkish and Indian ships led the European exploration under the help of prince Henry the navigator
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Spanish exploration
Fought the Incas
They had guns swords shields and horses and skills or organization
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