European Trading Companies 15th-16th Century
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Questions and Answers

Which country was most successful in overseas trade during the 15th and 16th centuries?

  • England (correct)
  • France
  • Spain
  • Portugal
  • Who signed a charter that gave merchants exclusive trading rights in the East Indies?

  • Queen Elizabeth (correct)
  • Queen Mary
  • King Henry VIII
  • King Charles I
  • What was the first European company to sell shares to investors?

  • Dutch East India Company
  • Virginia Company
  • Hudson Bay Company
  • The East India Company (correct)
  • Which bodies of water were key trading locations for the Hudson Bay Company?

    <p>Hudson Bay and James Bay</p> Signup and view all the answers

    At its peak, the East India Company controlled nearly what fraction of the world’s trade?

    <p>half</p> Signup and view all the answers

    _________ was the most successful country in overseas trade during the 15th and 16th centuries.

    <p>England</p> Signup and view all the answers

    _________ signed a charter that gave the merchants exclusive trading rights in the East Indies.

    <p>Queen Elizabeth</p> Signup and view all the answers

    _________ was the first European company to sell shares to investors.

    <p>The East India Company</p> Signup and view all the answers

    The Hudson Bay Company set up small trading ports all around _________ and _________ in central Canada.

    <p>Hudson Bay and James Bay</p> Signup and view all the answers

    The East India Company controlled nearly _________ of the world's trade, at its peak.

    <p>half</p> Signup and view all the answers

    _________ is one of the oldest companies in Canadian History.

    <p>Hudson Bay Company</p> Signup and view all the answers

    The Hudson Bay Company still exists today.

    <p>True</p> Signup and view all the answers

    The East India Company was formed in Canada.

    <p>False</p> Signup and view all the answers

    Queen Elizabeth I established the East India Company.

    <p>True</p> Signup and view all the answers

    The East India Company traded cotton and silk.

    <p>True</p> Signup and view all the answers

    The East India Company was the only company that sold shares to investors.

    <p>False</p> Signup and view all the answers

    What was the primary product traded by the Hudson Bay Company?

    <p>Fur</p> Signup and view all the answers

    What was the primary reason for the quick success of the East India Company?

    <p>The sale of shares to investors</p> Signup and view all the answers

    What is the definition of a joint-stock company?

    <p>A company that sells shares to investors</p> Signup and view all the answers

    What was the significance of the 'charter' signed by Queen Elizabeth for the East India Company?

    <p>The charter granted the East India Company exclusive trading rights in the East Indies. This allowed them to monopolize trade, enabling them to amass wealth and power.</p> Signup and view all the answers

    What are some of the items traded by the East India Company?

    <p>The East India Company traded various items, including cotton, silk, saltpetre (used in gunpowder and fertilizer), and tea.</p> Signup and view all the answers

    Match the following terms to their correct descriptions:

    <p>Fur = A very popular fashion item in England 1874 CE = The year the East India Company closed Queen Elizabeth I = Funded the East India Company 1670 CE = Hudson Bay company established</p> Signup and view all the answers

    Study Notes

    European Trading Companies in the 15th and 16th Centuries

    • England dominated overseas trade during the 15th and 16th centuries.
    • Queen Elizabeth granted exclusive trading rights in the East Indies to merchants.
    • The East India Company was the first European company to offer stock to investors.
    • The Hudson Bay Company established trading posts in Hudson Bay and James Bay, central Canada.
    • At its height, the East India Company controlled almost half of global trade.
    • The Hudson's Bay Company is one of the oldest companies in Canadian history.

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    Description

    Explore the influence of European trading companies in the 15th and 16th centuries. Learn about England's dominance in overseas trade, the establishment of the East India Company, and the role of the Hudson Bay Company in shaping commerce in Canada. This quiz highlights key events and figures that defined the era of global trade.

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