What is the name of country #2?
Mali
What product did Spain get from its South American territory that made its empire rich & powerful?
Silver
What is the name of the country the Dutch people come from?
The Netherlands
Define inflation
The increase in price of goods over time.
Note: Mr. Bregman will decide if you are close enough
Explain what is going on in the painting. Be specific about WHO and WHAT is going on.
The British East India company (will accept just British) and an Asian/Indian kingdom or people are making a deal.
What is the name of country #4?
Nigeria
What was the name of the city from which Spain got its silver?
Potosi
What does the word centralized mean in terms of government?
Organized or Efficient
What was the name of the paper slips given to those who invested gold coins at a goldsmith-banker in the 16th century?
Bank notes or running cash notes
Where did the British East India company get their goods from and whom did they sell their goods to?
They got their goods from India/Asia and sold them to the British/Europeans.
What is the name of country #7?
Ghana
What was one of the effects of Spanish colonization on the Native Americans of Potosi?
Either of
1.) They were used as forced labor (slaves acceptable) and died from mining silver.
2.) The area is impoverished to this day from its resources being taken
Based on this map, what 2 European countries had done the most exploring and colonizing in the 16th century?
Spain and Portugal
What was the country/empire which took advantage of the bank notes in the 17th century to help expand its empire?
The Dutch / The Dutch Empire / The Netherlands
Name three products the British East India company traded.
Any three of
Spices
Turmeric
Black Pepper
Cumin
Coriander
Cinnamon
Cotton
Tea
Silk
Indigo
Saltpeter
Opium
What is the name of country #8?
Burkina Faso
Name one of the reasons the Spanish Empire began to decline in the 17th century. You need to be specific.
Any of the following:
-Rising inflation from silver production
-Expensive religious wars
-Trade imbalance (More imports than exports)
-Less centralized government than other countries like Britain and the Netherlands
What was a major advantage the Dutch Empire had in its economy in the 17th century?
They used paper money.
If anyone said bitcoin: F-
When Spanish Scholar Martin Gonzalez said "With people having put their wealth into gold and silver* and into making loans that pay interest, it is as if a general epidemic has thrown this kingdom into misery by persuading all, or most, to live off this money."
What was he saying about the effect of all the silver on the Spanish economy?
It ruined the Spanish economy / it put the empire in decline
Name 3 powers Queen Elizabeth provided to the British East India Company
Any 3 of...
-The power to explore
-The power to trade
-The power to set laws (in Asia/India)
-The power to punish those who break the laws
What is the name of country #14?
The Gambia
The mountain near Potosi was nicknamed the Mountain ____ ___ ___.
The Mountain that Eats Men
What does this map show us about the Dutch empire after the 1600's began.
They expanded, colonized and improved their economy.
Explain how using paper money allowed the Dutch Empire to become a dominant economic force.
Using paper money made their transactions easier and more efficient and allowed them to undercut the competition.
What was the major effect of the British East India Company on the British empire both in terms of its territory AND its balance of trade.
It allowed them to majorly expand their empire territorially and it improved their balance of trade.