Global Trade

Mercantilism, banking, insurance, and joint stock companies all pertain to -

• Humanism

• Capitalism

• The Industrial Revolution

• The Commercial Revolution

Britain passes a law requiring its colonies to import all their manufactured goods from Britain. This is an example of

• Socialism

• Mercantilism

• Capitalism

• Encomienda

From 1500 to 1800, silver from South America was mainly exported to

• West Africa

• North America

• Europe and Asia

• Oceania

The Philippines was a colony of -

• England

• Spain

• Portugal

• France

While silver initially enriched the Spanish Empire, in the long run it caused

• unemployment

• deflation

• inflation

• enslavement

The majority of victims of the Atlantic Slave Trade ended up working in

• The southern colonies of North America

• Brazil and the Caribbean

• Mexico and Peru

• Europe

The journey made by 12 million slaves across the Atlantic Ocean was referred to as the

• Transatlantic Journey

• Great Dying

• Trail of Tears

• Middle Passage

Joint stock companies spurred trade by allowing investors to

• manage risk

• guarantee success

• sue rival companies

• encourage competition

Along the triangular trade, what was exported from Europe to Africa?

• Gold

• Slaves

• Raw materials

• Manufactured goods

In general, the period from 1450 to 1750 witnessed an increase in the power and status of

• indigenous peoples

• Church leaders

• merchants

• nobles