The Columbian Exchange

& Global Trade

The Columbian Exchange

& Global Trade

I. Columbian Exchange--the transfer of plants, animals, and diseases between the eastern and western hemisphere after Columbus reached the Americas.

ColumbianColumbian ExchangeExchange

II. Commercial Revolution: new business/trade practices which began after colonization

1. Capitalism—economic system based on private

ownership and theinvestment of wealth forprofit

b. Joint-stock company--"corporation"--a numberof people pooling their

wealth for a common purpose

ex., colonization

3. Encomienda System— conquistadors were granted land and right to demand labor/tribute from Native Americans.

a. When the Native Americans died from smallpox, the Europeans brought over Africans

4. 4. MercantilismMercantilism—economic —economic policy by which a nation sought policy by which a nation sought to export more than it imported to export more than it imported in order to build its national in order to build its national wealthwealth

A. A. Ways to increase wealthWays to increase wealth::

a. obtain gold and silvera. obtain gold and silver

b. establish a favorable b. establish a favorable

balance of tradebalance of trade

ex., sell (export) more ex., sell (export) more than you buy than you buy

(import)(import)

B. B. Ultimate goal of mercantilismUltimate goal of mercantilism: :

countries want to be countries want to be self-self-

sufficientsufficient

II II Results of economic Results of economic changes in Europe:changes in Europe:

1. 1. Growth in townsGrowth in towns in in EuropeEurope

2. Rise of merchant (middle) class 2. Rise of merchant (middle) class (rose in status because of (rose in status because of growth in wealth)growth in wealth)

a. This is the group that willa. This is the group that will

fight for fight for democracydemocracy in the in the

futurefuture

Why was Columbus’ contact with the

America’s considered a turning point in history?

#1 #2 #3

*

*

*

*

*

*

*

*

*

Example #1 Example #2 Example #3

*

*

*

*

*

*

*

*

*

Supporting Details

Supporting Details

Supporting Details

Columbian Exchange

Transfer of plants, animal, and diseases between the Eastern and Western Hempishere after Columbus’ contact with the Americas

Example #1 Example #2 Example #3

*

*

*

*

*

*

*

*

*

Why was Columbus’ contact with the Americas considered a turning point in

history?

Supporting Details

Supporting Details

Supporting Details

Example #1 Example #2 Example #3

*

*

*

*

*

*

*

*

*

Why was Columbus’ contact with the Americas considered a turning point in

history?

Supporting Details

Supporting Details

Supporting Details

Columbian Exchange

Transfer of plants, animal, and diseases between the Eastern and Western Hempishere after Columbus’ contact with the Americas