Podcast
Questions and Answers
Which system led to the establishment of colonies in the 1400s and lasted for about 500 years?
Which system led to the establishment of colonies in the 1400s and lasted for about 500 years?
- Communism
- Capitalism
- Socialism
- Mercantilism (correct)
What event caused the European powers to lose control of their colonies?
What event caused the European powers to lose control of their colonies?
- World War I
- World War II (correct)
- French Revolution
- Industrial Revolution
How long did it take for the colonies to declare their independence after the European powers lost control?
How long did it take for the colonies to declare their independence after the European powers lost control?
- A few decades (correct)
- A few centuries
- A few months
- A few years
Who were the primary players in mercantilism?
Who were the primary players in mercantilism?
What were the resources collected from the colonies called?
What were the resources collected from the colonies called?
What was the goal of mercantilism?
What was the goal of mercantilism?
What impact did mercantilism have on the world politically?
What impact did mercantilism have on the world politically?
Which of the following is a key feature of credit?
Which of the following is a key feature of credit?
What is the purpose of interest in a loan agreement?
What is the purpose of interest in a loan agreement?
According to the text, what major transformations did the emergence of credit and banking enable?
According to the text, what major transformations did the emergence of credit and banking enable?
Which organization developed the Lexile Framework for Reading?
Which organization developed the Lexile Framework for Reading?
What does the Lexile Framework for Reading evaluate?
What does the Lexile Framework for Reading evaluate?
How many resources have been measured using the Lexile Framework?
How many resources have been measured using the Lexile Framework?
What does the Lexile measure help students do?
What does the Lexile measure help students do?
Which economic philosophy promoted the idea of selling more than you buy to make your country wealthier and more self-sufficient?
Which economic philosophy promoted the idea of selling more than you buy to make your country wealthier and more self-sufficient?
What were joint-stock companies primarily used for in the sixteenth and seventeenth centuries?
What were joint-stock companies primarily used for in the sixteenth and seventeenth centuries?
What was the main advantage of owning shares in a joint-stock company?
What was the main advantage of owning shares in a joint-stock company?
What economic system emerged in Europe during the seventeenth and early eighteenth centuries?
What economic system emerged in Europe during the seventeenth and early eighteenth centuries?
Which book introduced Europe to fractions, decimals, and the Hindu-Arabic numeral system?
Which book introduced Europe to fractions, decimals, and the Hindu-Arabic numeral system?
What financial technology helped people give money to each other without exchanging cash and without having the money immediately at hand?
What financial technology helped people give money to each other without exchanging cash and without having the money immediately at hand?
What did banks sell to individuals in order to finance government debt?
What did banks sell to individuals in order to finance government debt?
What financial technologies revolutionized the way many nations dealt with trade, war, and colonial expansion?
What financial technologies revolutionized the way many nations dealt with trade, war, and colonial expansion?
Which of the following is a key characteristic of capitalism?
Which of the following is a key characteristic of capitalism?
What role did joint-stock companies play in the expansion of colonial systems?
What role did joint-stock companies play in the expansion of colonial systems?
What effect did the economic changes of Era 5 have on communities?
What effect did the economic changes of Era 5 have on communities?
What was the primary goal of capitalists in the new economic systems?
What was the primary goal of capitalists in the new economic systems?
