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History 1-2 sfcs
History 1-2
Question | Answer |
---|---|
Capitalism | economical system in which money is invested in businesses to make profit |
why were Medici and Fugger family's imp. | loaned money to merchants and eventually to monarchs |
new business methods were developed to... | invest money speed flow of wealth reduce risks in commercial adventures |
changes in doing businesses | the commercial revolution |
banks began to provide services like.. | issue bank notes and check and acted as money changers |
renaissance means | rebirth |
during the renaissance, what made italy different | individual city states |
Which 3 city states played an important role in italys political econimic and social life? | milan florence venice |
advantages of a joint stock company | stable way to make profits |
lorenzo de medici controled which city state | florence |
in 1600s on what thory did european nations base their polocies? | mercantilism |
under mercantilism how did a nation become powerful | building up its suplly of bullion |
under mercantilism how does a nation achieve a favorable balance of trade | by exporting more than you import |
monopolies | total control of an operation free of competition |
tariff | taxes on imported goods |
how did a colony benefit its home country | provided valuable resources trade center |
Colombian exchange | global exchange of people goods spices diseases etc |
ways Europe changed life in the Americas | European and Asian grains new animals |
ways Europe was changed by the Americas | Europeans acquiered new food More food= healthier animals tobacco, chili peppers, and peanuts |
reasons europeans moved to americas | seeking wealth fleeing econimical and religious persecution |
ways european influences profoundly affect local cultures | language christianity |
who did the spainish use to work their plantations | indians |
Bartolemu de las Casas | suggested replacing indians with Africans-- he thought africans could endure loger. |