Empire develop

Created by

Dayven

Cards (81)

What year was the charter of the Dutch East India Company issued?
1602
What was the essential question regarding maritime empires?
Economic strategies and their effects
How did maritime empires transform commerce?
From local barter to international trade
What economic model did maritime empires employ?
Joint-stock companies
What was the role of joint-stock companies in trade?
Investors financed trade by buying shares
What were the keys to the development of mercantilist empires?
Silver, sugar, and slavery
How did Europeans measure a country's wealth in the 17th century?
By the amount of gold and silver
What was the goal of countries' economic strategies?
To sell goods and obtain gold and silver
How did lending money at high interest rates become common?
Despite restrictions by the Church
What is the Commercial Revolution?
Transformation to a trade-based economy
What were the four key factors of the Commercial Revolution?
Colonies, trade routes, population growth, inflation
What is the Price Revolution?
High inflation in the 16th century
How did joint-stock companies reduce financial risks?
By offering limited liability to investors
Which countries developed joint-stock companies in the 17th century?
The Dutch, English, and French
How did the Dutch maintain trade routes?
By having faster and lighter ships
When was the Dutch stock exchange established?
1602
What was the impact of speculative financial schemes in the 15th century?
They led to financial bubbles and bankruptcies
What was the triangular trade system?
A complex Atlantic trading system with three segments
What goods were transported in the triangular trade?
Manufactured goods, enslaved Africans, sugar
What was the most profitable good from the Americas?
Sugar
What was the outcome of the Portuguese naval battle in 1509?
They defeated a combined Muslim and Venetian force
What happened to the Songhai Empire in 1590?
It was defeated by Moroccan forces
How did monopolies affect trade patterns?
They maintained exclusive rights to trade
What was the income from the Spanish tobacco monopoly?
One-third of total revenues
How did improved shipping affect regional markets?
Increased volume of products exchanged
What was the impact of the Atlantic slave trade on West African kingdoms?
It weakened several kingdoms and slowed growth
How did the slave trade affect gender distributions in West Africa?
It led to a predominance of women
What crops were introduced to Africa through the Columbian exchange?
Maize, peanuts, and manioc
How did earlier land-based empires impose their cultures?
By imposing languages, religions, and cultures
What were the political and cultural changes for indigenous peoples due to European empires?
Imposition of European languages and religions
Cultural changes due to colonization
Loss of traditional practices and governance
What year was the charter of the Dutch East India Company issued?
1602
What economic strategies did maritime empires use to increase their power?
They transformed commerce to large-scale international trade
How did joint-stock companies support increased trade in Asia?
Investors financed trade by buying shares
What was the significance of new ocean trade routes for the global economy?
They aided the movement of an extended global economy
What were the keys to the development of mercantilist empires?
Silver, sugar, and slavery
How did Europeans measure the wealth of a country in the 17th century?
By the amount of gold and silver it possessed
What was the Commercial Revolution?
A transformation to a trade-based economy
What were the four key factors of the Commercial Revolution?
Colonies, trade routes, population growth, inflation
What is the Price Revolution?
The high rate of inflation in the 16th century
How did joint-stock companies reduce financial risks for investors?
By offering limited liability for investments