Three Worlds Meet Answers
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Which is a positive balance of trade for a country?
A
importing goods and exporting servicesB
importing raw materials and exporting goodsC
importing more goods than exportingD
exporting more goods than importing2
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The chart shows that the Taino population was nearly 300,000 in 1492, and under 10,000 in 1548.
A
The steep decline of the Indigenous population due to exodus of Hispaniola following Columbus’s arrival.B
The complete disappearance of the Taino from Brazil due to the Columbian Exchange.C
An example of the impact that European exploration had on Indigenous populations.D
An example of the severe decline of the Taino religious population after the mission system ended.3
Which statement best describes the effect of Triangular Trade on Africa?
A
Communities were devastated, the population declined, families were torn apart, and slave trading wars claimed even more African lives.B
Societal fabric was destroyed, between 10-15 million Africans were sent to the New World, and the rise of African state banks occurred.C
Young, healthy Africans were sent to the New World, a smallpox epidemic further decreased the population, and Africa began growing coffee.D
Ten to twenty percent of Africans on the Middle Passage died due to inhumane conditions, West Africa became a trading post for corn and wheat, and wars for colonial control began.4
Why were joint-stock companies created?
A
to allow individuals to finance and share the benefits of tradeB
to reduce the risk of overseas businessC
to let two or more individuals buy stock in a companyD
to create bigger companies5
Timeline from 1400 to 1800. Columbus reaches America in 1492. Enslaved persons arrive in the Americas in 1511. Spain's American empire is well established in 1540. The Dutch East India company is founded in 1602. The Seven Years' War ends in 1763.
A
Age of ColumbusB
Age of ExplorationC
Age of EnslavementD
Age of Commerce6
Which aspect of the financial system created by the Commercial Revolution most clearly paved the way for today’s corporations?
A
joint-stock companiesB
state-created banksC
stock marketsD
stable currencies7
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What is the best definition for mercantilism?
A
an economic policy in which investors buy shares in a company in order to share the risks and profitsB
an economic policy in which countries collect gold or silver and control tradeC
an economic system in which individuals own businessesD
an economic system in which money is put into something, such as a business, in order to make a profitDid you find these answers helpful?
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