Global transfer of foods, plants and animals during the colonization of the Americas. Two way- Traffic America Europe: Goods such as corn & potatoes Healthier diet, population Europe America: Livestock Food such as bananas & wheat Disease
Arts & Crafts: Color the food/animals Cut out the food/animals Glue the food/animals on the map *Use page 138 in the book for help
Why is it significant? Improved diets & lifestyles in Europe and Asia Increase in population Disease killed millions of Native Americans
Capitalism: Economic system based on private ownership and investment of resources (money) for profit. Wealth for merchants European businesses flourish Inflation resulting from increase money supply Joint-stock companies: Numerous investors bought shares of stock in a company Colonizing was expensive but extremely profitable & risky Invest small money but still earn profit if colony prospers
Read “text” on Mercantilism Read “The Growth of Mercantilism” in the book Complete mercantilism chart Compare charts with person next to you