Cards in this guide (16)
Who was for capitalism
capitalism was expressed in Adam Smith's Wealth of Nations (1776)
How is capitalism different from mercantilism
Capitalism is an economic system. Mercantilism is trading.
What term describes the shang dynasty
What did Adam smith said real wealth of a nation was measured by what
Which statement best explains the increase in the Atlantic slave trade in the 1700's
What do we mean when we say invisible hand
Adam Smith's invisible hand theory
Why did the Europeans treat the slaves so badly during the Middle Passage
They viewed them as property rather than as people.
What countries got took over by the ottoman empire in the 19th century
Countries took over by the ottoman empire in the 19th century
include Moldavia, Somalia, Hungary, Egypt,
What is an example of coerced labor
A farmer forces people to work in the fields.
What defines the encomienda system
A legal system that allowed Spanish colonists to use indigenous
peoples for labor
Which invention provided manufacturers with a new source of power for machines
What was one major difference between the Commercial Revolution and the Industrial Revolution
The Commercial Revolution led to the adoption of mercantilism in Europe, while the Industrial Revolution contributed to the end of mercantilism.
The Columbian Exchange was based on interactions between the Old World and .
How did the holy roman empire change during the reign of Charles V
It became more active in the promotion of Catholicism in Europe.
Who formed part of the middle class after the adoption of capitalism
Doctors, bank clerks, and accountants
The need for new trade routes to the east, the desire to spread Christianity, and competition between European countries all contributed to the
Beginning of European global exploration in the 15th and 16th centuries.
