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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. |