WebNotes - 2014 - ImpactEuroExplore

8/13/2019 WebNotes - 2014 - ImpactEuroExplore

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Timed Reading (Answers)#1 Capitalism economic system based on investing money for profit Market Economy type of economy in which prices are determined by the buying

and selling decisions of individuals in the market-place Cottage Industry Cottage industry is a small-scale business which people work

mostly at home. Mercantilism economic policy by which nations try to gather as much gold and

silver as possible by controlling trade and establishing colonies.

#2 Answers will vary. Could include the following: As a result of exploration, more

goods, raw materials, and precious metals entered Europe. Trade routes wereexpanded. New centers of commerce developed.


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OBJ: SWBAT identify and evaluate the impact ofexploration on European commerce and economics.

DOL: Given an exit card, SWBAT: Answer 3 MC questions

Answer a constructed response question: What impact did exploration have on the commerce and economies

of England and Spain.

Relevance: Today we are learning about this because earlyexploration brought about the establishment of overseas trade,which was the start of global trade.


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OBJ: SWBAT identify and evaluatethe impactofexploration on European commerce and economics.(Brickand MortarWords)

Developing our EQ: Evaluate the impact of exploration on European commerce

and economics. Evaluate: occurs when you draw conclusions about the degree or

extent of a factor.

Write an EQ in your notes based on the OBJ. (45 seconds)

EQ: In what way did European Exploration impact

commerce and economics in Europe?


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Title: Impact of Exploration on Commerce/Econ

Date: January 31st, 2014

Write down the Essential Question.

In what way did European Exploration impact commerce and economics in Europe?


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On Your Whiteboards

By 1600, which continents did Portugal either claim, or

control territories or cities in? Spain?In what way did European Exploration impact commerce and economics in Europe?


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Portuguese

Spanish

English,French, Dutch

Think / Write / Share

Complete this sequencing chart in your notes.(EXPLAIN all stages!!!) Ask yourself:

What occurred in each stage

How did the first stage bring about thesecond stage? How did the second stage bring about

the third stage?

Critical Thinking

What do you think the central idea is in

European Exploration (most importantthing to Europeans at the time)? Explain!



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05 Commerce

Commerce: the activity ofbuying, selling, or trading.

Especially on a large scale(country to country).

Europeans in the 1500s were

engaged in levels ofcommerce that were higherthan any other time in theirhistory.

CFU: Think / Write / Share:1. From our discussions on European

exploration, which country DOYOU think had the greatestamount of commerce? Why?Explain! ________ had the greatest

amount of commerce because

_________

2. What primary source evidence DOYOU think would help us explorethis topic further?



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05 Economy

Economy: the wealth andresources of a country or region.

Sum of the production andconsumption of goods andservices.

European economies weredrastically impacted during theAge of Exploration. Spain, for one,became extremely wealthy.

CFU: Whiteboard Activity

Predict: Complete the followingusing this definition andinformation from previous lessons.

The Spanish economy was

__________

Englands economy was__________



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What does the information here tell you about the 15th/16thcentury Spanisheconomy?

Why was it so important for Spanish treasure shipments to make it to their

destination (Spain)?


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Read the following secondary source excerpt:

During the 17th and 18th centuries Europeans believed in an ideacalled mercantilism, the idea that a nation's existence depended

on power, and power depended on wealth.

1. How does this statement help us understand the actions of thePortuguese and the Spanish? Explain!

2. How does this statement help us understand the conflict thatoccurred between the British and French in North America(French and Indian War)?

3. How does this statement tie into our essential question?



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During the Age of Exploration, the Europeaneconomic center (where the strongesteconomies were located) moved from theMediterranean (Italy) to Western Europe

(England, Portugal, Spain, France, etc.)

Portugal dominated the spice trade early on.

Spain became very wealthy (1.5 trillion ingold and silver in 1990 terms).

Massive inflation (rise of prices of goods andservices because of too much money in circulation)was caused throughout Europe because of Spain.

CFU: Think/Write/ShareHow do you think Italyand families like theMedicis helped the

Mediterranean regionbecome the economiccenter of Europe beforethings shifted to thewest?

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New sources of wealth were found bythe Portuguese, Spanish, English,French, and Dutch.

Products and resources that had

never been seen before were broughtto Europe (many new luxury goods).

New types of food were introduced toEuropeans, which had a large

economic impact on agriculture: Corn

Potatoes

Tomatoes

Tobacco



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Wars came about between countrieslike England and Spain, and Englandand France.

Think/Write/Share: How can a warnegatively impact an economy? What arethe possible benefits of waging a war?

The English and the French emerged

as two of the most powerful countries(and economies) in Europe / World.

They would play a large part in worldcolonization and trade for centuries afterthe Age of Exploration.



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After being captured, African men and women were shipped to theAmericas as part of a profitable trade network.

1. Europeans transported manufactured goods to Africa.

2. Slaves were sent to the Americas

3. Sugar, coffee, tobacco (etc.) were sent to Europe

1

2

3


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The global transfer of foods, plants, and animals during thecolonization of the Americas is known as the Columbian Exchange.

Traffic across the Atlantic moved in both directions, with goods showing up onboth American and European shores that had never been seen before.


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5 minutes

Analyze the primary source on the right using SOAPSTone.

1) I only expect that you analyze Subject and Purpose.Answer using complete sentences.

Behold then the true form and worth of forraign trade, which is The great Revenue ofthe King, The honour of the Kingdom, The Noble profession of the Merchant, The Schoolof our Arts, The supply of our wants, The employment of our poor, The improvement ofour Lands, The Nurcery of our Mariners, The walls of the Kingdoms, The means of ourTreasure, The Sinnews of our wars, The terror of our Enemies. For all which great andweighty reasons, do so many well-governed States highly countenance theprofession, and carefully cherish the action, not only with Policy to encrease it, butalso with power to protect it from all forraign injuries; because they know it is aPrincipal in Reason of State to maintain and defend that which doth Support themand their estates.


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5 minutes



Behold then the true form and worth of forraign trade, which is The great Revenue ofthe King, The honour of the Kingdom, The Noble profession of the Merchant, The Schoolof our Arts, The supply of our wants, The employment of our poor, The improvement ofour Lands, The Nurcery of our Mariners, The walls of the Kingdoms, The means of ourTreasure, The Sinnews of our wars, The terror of our Enemies. For all which great andweighty reasons, do so many well-governed States highly countenance theprofession, and carefully cherish the action, not only with Policy to encrease it, butalso with power to protect it from all forraign injuries; because they know it is aPrincipal in Reason of State to maintain and defend that which doth Support themand their estates.

Source: Englands Treasure by Forrain Trade,

written in 1664 by Thomas Mun, an Englisheconomist and mercantilist, describes the positive

effects the Age of Exploration had on political

centralization and power in Europe. The spelling is

true to 17thcentury English.


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5 minutes



Virginia is a Country in America that lies between the degrees of 34and 44 of the north latitude....The mildness of the air, the fertility of thesoil, and the situation of the rivers make it convenient for pleasure,profit, and mans sustenance. In that latitude or climate, will live any

beasts, as horses, goats, sheep, asses, hens, etc. that were carriedthere. The waters, islets, and shoals, are full of safe harbors for ships ofwar or merchandise, for boats of all sorts, for transportation, fishing,etc. The Bay and rivers have many fish and places fit for salt drying,building of ships, making of iron, etc.


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5 minutes



Virginia is a Country in America that lies between the degrees of 34and 44 of the north latitude....The mildness of the air, the fertility of thesoil, and the situation of the rivers make it convenient for pleasure,profit, and mans sustenance. In that latitude or climate, will live any

beasts, as horses, goats, sheep, asses, hens, etc. that were carriedthere. The waters, islets, and shoals, are full of safe harbors for ships ofwar or merchandise, for boats of all sorts, for transportation, fishing,etc. The Bay and rivers have many fish and places fit for salt drying,building of ships, making of iron, etc.

Source: Captain John Smith describes Virginia in an

excerpt from his book, A Map of Virginia, publishedin 1612.


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On the right hand side of your CORNELL notes,answer our essential question (4-6 sentences):

Be sure to include:

Information on Capitalism and Market economies

Cottage Industry and mercantilism

Information from specific countries: England, Spain,

France, etc.



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1.) This occurs when prices aredetermined by the buying & selling

decisions of individuals. A) Capitalism

B) Market Economy

C) Cottage Industry

D) Mercantilism

2.) During the Age of Exploration, theEuropean economic center was locatednear

A) Germany

B) Italy

C) Russia

D) Spain

3.) Which two European countries

emerged from the Age of Explorationas the two wealthiest countries in theworld?

A) English and French

B) Spanish and Portuguese

C) Italian and Austrian

D) German and Russian

Write a constructed response paragraph (4-6 sent) over the following prompt:

What impact did exploration have on the commerce and economies of England andSpain.


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WebNotes - 2014 - ImpactEuroExplore

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