Trading Post Empires and Economic Systems
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Questions and Answers

What is a Trading Post Empire?

Empires that do not attempt to control territory or populations, but want to control trade and economic activity in a region.

What is a Joint-stock Company?

A business entity owned by multiple shareholders, each owning a share of the company's stock.

What is a Commodity?

A raw material or primary agricultural product that can be bought or sold, such as copper or coffee.

What is a Monopoly?

<p>Exclusive control of the supply of or trade in a commodity or service.</p> Signup and view all the answers

What is Colonization?

<p>Process of settling among and establishing control over the indigenous people of an area.</p> Signup and view all the answers

What is Mercantilism?

<p>A system in which a country attempts to amass wealth through trade with other countries, exporting more than it imports and increasing stores of gold and precious metals.</p> Signup and view all the answers

What is a Cartaz?

<p>A naval trade license or pass issued by the Portuguese empire in the Indian Ocean.</p> Signup and view all the answers

The Spice Islands are now called the Maluku Islands.

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

Which of the following countries were involved in Trading Post Empires?

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

What was the main goal of Portugal in the Indian Ocean?

<p>To control the spice trade.</p> Signup and view all the answers

What was the primary goal of the Netherlands in the Indian Ocean?

<p>To strengthen their shipping industry and control spice trade.</p> Signup and view all the answers

What were the main goals of Spain in their colonization ventures?

<p>God, Gold, Glory.</p> Signup and view all the answers

What were France's goals in establishing colonial outposts?

<p>To gain wealth and spread Catholicism.</p> Signup and view all the answers

What were Great Britain's primary goals in their colonial expansion?

<p>Land and wealth, also aiming to spread Christianity (Protestant Branch).</p> Signup and view all the answers

What was the Portuguese East India Company's main goal?

<p>To ensure that merchants paid taxes in Portuguese trading posts and guarantee its monopoly on the spice trade.</p> Signup and view all the answers

What did the Dutch East India Company or VOC control?

<p>They controlled the monopoly on the Spice Island trade, dealing with cinnamon, cloves, nutmeg, and mace.</p> Signup and view all the answers

What was the main focus of the British East India Company (EIC)?

<p>India, dealing with textiles, spices, cotton, and poppies.</p> Signup and view all the answers

What did the French East India Company establish control over?

<p>Madagascar.</p> Signup and view all the answers

What is the Reconquista?

<p>A series of campaigns by Catholic states to recapture territory from the Muslims.</p> Signup and view all the answers

What is a Viceroy?

<p>A ruler exercising authority in a colony on behalf of a sovereign.</p> Signup and view all the answers

What are Viceroyalties?

<p>Local, political, social, and administrative institutions created to ensure control over overseas colonies.</p> Signup and view all the answers

Study Notes

Trading Post Empires

    • Trading Post Empires, active from the 16th to early 17th centuries, focused on trade networks and economic influence instead of territorial conquest. Nations like Portugal, the Netherlands, and England established posts to enhance commerce and global trade relationships.

Joint-Stock Companies

  • Joint-stock companies are businesses owned by multiple shareholders.

Commodities

  • Commodities are raw materials or agricultural products (e.g., copper, coffee) that can be traded.

Monopolies

  • Monopolies are exclusive control over the supply or trade of a commodity or service.

Colonization vs. Colonialism

  • Colonization is settling and establishing control over indigenous people.
  • Colonialism is gaining control over a country, settling it, and exploiting it economically.

Mercantilism

  • Mercantilism is a system where a country gains wealth by exporting more than it imports, increasing gold and precious metals.

Cartaz

  • Cartaz was a Portuguese trade license/pass in the Indian Ocean.

Spice Islands (Maluku Islands)

  • The Spice Islands were an Indonesian archipelago with significant spice production.

Ports

  • Portuguese Trading Empire (historically) now represented by US/Russia Arctic ports.

European Powers and their Motivations

  • Portugal: Control of Indian Ocean spice trade.
  • Netherlands: Strengthening shipping and spice trade control.
  • Spain: God, Gold, Glory.
  • France: Colonial outposts and Catholicism spread.
  • Great Britain: Land, wealth, and Protestant Christianity spread.

East India Companies

  • Portuguese East India Company: Introduced Cartaz system to monopolize spice trade.
  • Dutch East India Company (VOC): Controlled spice trade (cinnamon, cloves, nutmeg, mace) in Indonesia.
  • British East India Company (EIC): Focused on India (textiles, spices, cotton, poppy).
  • French East India Company: Sought control in Madagascar.

Reconquista

  • The Reconquista was a series of campaigns to recapture territory from Muslims.

Viceroyalty

  • A Viceroy is a ruler representing a monarch in a colony.
  • Viceroyalties are local administrative institutions for overseas colonies.

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Description

This quiz explores the dynamics of trading post empires from the 16th to early 17th centuries, focusing on key concepts such as joint-stock companies, commodities, monopolies, and mercantilism. Test your understanding of these economic practices and their impact on colonization and colonialism.

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