Vocabulary Review A “colony” is a land or region controlled by a foreign power. Example: Britain established colonies in the Americas. A “market” is a.

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Presentation transcript:

Vocabulary Review A “colony” is a land or region controlled by a foreign power. Example: Britain established colonies in the Americas. A “market” is a geographic region in which things may be sold. Example: America is a market for Chinese goods because we buy goods from China.

Exploration and Discovery Although explorers were looking for trade routes to Asia, they discovered new lands in the Americas, Africa, and Asia.

Colonies European countries established colonies in the Americas, Africa, and Asia.

What caused Colonization? Trade Europeans sent explorers to find trade routes to the East Discovery Explorers found new lands. Colonization Europe established colonies in new lands.

What were the benefits of establishing colonies?

Imports Colonies provided raw materials to European countries. (Raw materials are natural materials like gold, silver, ivory, silk, sugar, and spices.)

Exports Colonies bought goods from the home country. In other words… Colonies became markets for European goods.

Competition for Colonies Western European countries competed with each other to control as many colonies as possible.

Check for Understanding 1. What did explorers discover while looking for trade routes to East? 2. What did European countries do when they discovered new lands? 3. Why were colonies helpful for European countries? 4. How did colonization affect the relationship between European countries?