4. From The Old World ** How would horses impact the New World? Europe Wheat Onions Apples Carrots Horses Cattle Africa Radishes Watermelon Coffee Asia Rice Sugarcane Mangoes
5. From The New World ** Why would potatoes be important in Europe? North America Sunflowers Corn (Mexico) Avocadoes Central America Peppers Beans Cocoa South America Potatoes Tomatoes Peanuts
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8. The Commercial Revolution In this lesson, students will be able to define the following terms: The Commercial Revolution Mercantilism Colonies Mother Country Capitalism Joint Stock Company E. Napp
9. E. Napp The Commercial Revolution marked an important step in Europe from local economies to a global economy.
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11. E. Napp Mercantilists believed that a country’s wealth was based on the amount of gold and silver it acquired.
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13. E. Napp Mother countries imported cheap raw materials like cotton and exported more expensive finished goods like shirts.
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15. E. Napp A stock certificate represents partial ownership in a business.
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17. E. Napp Joint stock companies were sometimes given charters to establish settlements in the “New World”.
18. E. Napp “ Triangular” trade made some continents wealthy while it impoverished other continents.
19. E. Napp European kings increased their wealth and power through conquest and colonization.
20. E. Napp While European Kings and capitalists increased their wealth, Native American Indians and Africans were terribly exploited.