AP World History 4.5 Maritime Empires Maintained and Dvlpd
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| show | Mercantilist policies and practices were used by European rulers to expand and control their economies and claim overseas territories.
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| What entities were used by rulers and merchants to finance exploration? | show 🗑
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| show | compete against one another in global trade.
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| Define Mercantilism. | show 🗑
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| show | an economic system developing during the decay of feudalism to unify and increase the power and especially the monetary wealth of a nation by a strict governmental regulation of the entire national economy
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| show | usually through policies designed to secure an accumulation of bullion, a favorable balance of trade, the development of agriculture and manufactures, and the establishment of foreign trading monopolies.
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| show | It often led to smuggling or reaction (note: this example is from 1770s or just beyond our early modern time period of 1450-1750) Boston Tea Party. There were not high taxes but a BEIC monopoly. Colonists claimed no taxation without representation.
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| show | The tax was used to pay UK colonial officials rather than them being paid by taxes that locals controlled (MA governor’s sons were tea merchants).
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| What happened to the local tax officials after the Boston Tea Party? | show 🗑
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| show | Over $1 million in tea was dumped into the water.
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| show | Is it a problem that the US was created, in part, by property destruction? note the more recent non-violent tea party movement
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| What was the name of companies that were owned by many people? Why were these companies created? | show 🗑
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| What did economic disputes lead to? | show 🗑
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| show | Moroccan conflict with the Songhai Empire
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| show | Muslim–European rivalry in the Indian Ocean:
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| What was trade like in Indian Ocean before the Europeans arrived? | show 🗑
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| show | Europeans had nothing of real value to trade, so they instead used guns to control the trade.
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| show | Muslims merchants operated along the Swahili coast, and out of Arabia, Mughal India, and SE Asia.
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| What did Europeans use to pay for their trade items? | show 🗑
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| What did Europeans do with others' traded items? | show 🗑
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| What did the Atlantic Trading System involve? | show 🗑
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| What does "Triangular Trade" mean? | show 🗑
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| Why is "Triangular Trade" considered a misnomer? | show 🗑
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| show | Europe’s “manufactured” products included textiles, alcohol, and guns.
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| show | Raw materials from the Americas meant timber, tobacco, and sugar.
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| What was the new global circulation of goods was facilitated by? | show 🗑
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| show | Regional markets continued to flourish in Afro-Eurasia by using established commercial practices and new transoceanic and regional shipping services developed by European merchants.
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| What percentage of the world's silver came from the Americas? | show 🗑
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| where did the silver from the Americas end up? | show 🗑
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| Why is Bolivia one of the poorest countries today? | show 🗑
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| Who dominated the trade in the Indian Ocean and why? | show 🗑
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| Where did the regional markets grow? | show 🗑
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| show | Peasant and artisan labor continued and intensified in many regions as the demand for food and consumer goods increased.
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| What was the product of peasant and artisan labor in Western Europe? India? China? | show 🗑
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| What was the product of peasant and artisan labor in Europe? | show 🗑
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| show | India raised cotton (other places did also), converted it to thread and wove the cloth by hand.
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| What did the Chinese raise and convert to thread and cloth? | show 🗑
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| show | Most diets consisted of locally grown wheat, rice, and potatoes.
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| As cities grew, where were foods being supplied to? | show 🗑
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