The Columbian Exchange and Global Trade PDF

Summary

This document discusses the Columbian Exchange, focusing on its effects on global trade and the influence of food exchange. It also covers trade practices, economic systems, and the rise of capitalism.

Full Transcript

The Columbian Exchange and Global Trade What are three things that the Columbian Exchange and Global Trade affected? Class Agenda for February 12, 2024 1. Review Warm-up Question 2. Learning Objective: SWBAT understand how the Columbian Exchange and Global Trade affected the world’s nutrition 3. Ess...

The Columbian Exchange and Global Trade What are three things that the Columbian Exchange and Global Trade affected? Class Agenda for February 12, 2024 1. Review Warm-up Question 2. Learning Objective: SWBAT understand how the Columbian Exchange and Global Trade affected the world’s nutrition 3. Essential Question: How did the exchange of different foods influence the world? 4. Meme/Thought of the Day 5. Academic Vocabulary and definitions 6. Homework: Please read pp. 137-141, Columbian Exchange and Global Trade in the History Textbook and assessment (1-8) The New Wealth from the Americas, new businesses, and Trade Practices - Dramatic growth of trade - New foods, plants, and animals during the colonization of the Americas - New fruits and vegetables; tomatoes, squash, pineapples, tobacco, cacao beans (for chocolate) and turkeys, avocados, peppers, peanuts Corn and Potatoes (cheap and easy to grow) - Potatoes became a staple of many diets in the world - It was nutritious and helped people live longer; it was CHEAP - White potato in Ireland and the sweet potato in China helped increase world population Horses, cattle, sheep and pigs came to the Americas - Bananas, black-eyed peas, yams, wheat, rice, barley, and oats - Slavery flourished - Up to 90% of native population of the Americas were wiped out by disease - Rise of Capitalism: An economic system based on private ownership and investment of resources, money for profit. Joint-stock company was a company with investors buying shares of stock in a company. It involved a number of people combining their wealth for a common purpose: Profit Mercantilism; (from the 16th-18th centuries) A country’s power came from its wealth (GDP, gross domestic product) over its rivals and a favorable balance of trade - The more that you export and the less you import is better for a country’s wealth. Governments were no longer the only owners of wealth - The growth of the merchant’s class (becomes the middle class)

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