Europeans Set Sail

What is the common European name for the lands founded by the early explorers thought to be Asia

• Old World

• West Africa

• New World

• Siberia

The Black Death resulted in Europeans

• becoming more social

• worrying more about themselves as individuals

• beginning community projects

Select ALL reasons that Europeans sailed west

• Commercial Revolution

• Renaissance

• Expanding a military presence

• Finding a new trade route to Asia

Select the vocabulary word that best fits with this statement.

The careful use of money, resources, and means of production

• Economics

• Joint-Stock Company

• Commercial Revolution

• Columbian Exchange

Which of these best defines the word MONOPOLY

• When a few individuals or companies have very little competition in the sale of a particular good or service

• When there are little to no barriers to entry in a particular market

• When many individuals or companies have a lot of competition in the sale of a particular good or service

• When one individual or company has no competition in the sale of a particular good or service

Which of these best defines the word JOINT-STOCK COMPANY?

• People investing together to share the profits and losses

• An individual that starts a business by themselves

• The exchange of food, plants, animals, and culture between Europe, West Africa, and the Americas

• A place where stocks can be bought and sold

Which country was the FIRST to explore the New World

• France

• Spain

• Great Britain

• Netherlands

Which major body of water lies in between the Old World and New World

• Pacific Ocean

• Dead Sea

• Bering Strait

• Atlantic Ocean