Trade & Economics

For this activity you will be working independently and in small groups.

On your own, you will answer the questions below about the following topics: Columbian Exchange, Mercantilism, Capitalism, or Encomienda System. Use the online textbook and the printed pages to answer the following questions by yourself.

Columbian Exchange:

Ø  What was it? (Define it in YOUR OWN words, do not copy a definition from the textbook)

Ø  When the Europeans brought plants, animals, diseases and people from old world to new world and new world to old world.

Ø  What were the positive effects? The negative effects?

Ø  P: Cultural diffusion, gold, crops, new animals, more land, advances in farming

Ø  N: Death L, oppression of Native Americans, tobacco, animals and crops.

Mercantilism:

Ø  What was it? (Define it in YOUR OWN words, do not copy a definition from the textbook)

Ø  It was a nation that held power because of wealth, more money more power.

Ø  Why were colonies important?

Ø  All the raw material they made were sent back to their country to get produced and the products get sold to the colonies.

Capitalism:

Ø  What is it? (Define it in YOUR OWN words, do not copy a definition from the textbook)

Ø  Businesses were owned privately, limited government interferences.

Ø  What new businesses came from it?

Ø  Joint-stock companies, companies with similar interests join together to create larger businesses.

Encomienda:

Ø  What was it? (Define it in YOUR OWN words, do not copy a definition from the textbook)

Ø  Colonists were given land and a number of slaves to work that land, but the colonists had to make them Christians.

Ø  What were the motivations behind the encomienda system?

Ø  To get free land, get more Christians, and slaves.

When you have answered all of the questions you will get together with a small group. Each group member will be an “expert” in a different topic. You will teach your group members about your topic. You are responsible for learning about the other topics from your group as well.