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A Mercantilism B Capitalism C Exploration D Technology E Mercantilism/ Capitalism 2.0 F Vocabulary
A business person who risks money in hopes of gaining a profit. A 100
Who is an entrepreneur? A 100
Businessmen and Merchants formed this new class of people. A 200
What is the middle class? A 200
When a county maintains a favorable balance of trade their exports are greater than these. A 300
What is imports? A 300
For mercantilism to be successful colonies provided these to their mother lands. A 400
What are raw materials? A 400
This oversees a mercantilism based economy. A 500
What is the government? A 500
B 100 A larger profit can be made when these people are in charge of the economy.
What are businessmen or What are merchants? B 100
This makes a market based economy function. B 200
What is supply and demand? B 200
The basic desire of capitalism is for inventors, and investors to make this. B 300
What is a profit? B 300
The 4 factors that led to the creation of a capitalism economy were 1.Available Capitol 2. Growth of the middle class 3. Raw materials from colonies And this. B 400
What is a market? B 400
Free Enterprise (the ability to compete and make a profit) happens when this entity or thing stays out of business. B 500
What is the government? B 500
European nation built mostly settler colonies? C 100
What is England? C 100
C 200 This was the name given to the picture depicted below
What is the Columbian Exchange? C 200
This allowed Europeans to dominate exploration and international trade. C 300
What is new technology? i.e. Gun Powder, Fast Ships, Advanced Navigational Tools. C 300
DAILY DOUBLE C 400 DAILY DOUBLE Place A Wager
This was the name given to the system of Spanish Plantation owners in the Americas who used forced Native American Labor. C 400
What is the Encomienda System C 400
Spain built this type of large colony in Central America for raising a cash crop. C 500
What is a plantation colony? C 500
The Portuguese developed this new type of ship for faster ocean travel D 100
What is the Caravel D 100
This instrument allowed a navigator to establish magnetic north D 200
What is the compass D 200
This Chinese technology helped Europeans develop the cannon and defeat much larger armies with less men D 300
What is Gunpowder D 300
European ship captains were able to determine their latitude using this technology D 400
What is an astrolabe D 400
How did European sailors best lean to navigate ocean currents ? D 500
What is riding with them D 500
This English Philosopher promoted the idea of a free market economy no government involvement E 100
Who is Adam Smith E 100
What are the 4 M’s that allow capitalism to grow and succeed? E 200
What is: Money $$ Middle Class Markets Materials E 200
Ferdinand Magellan was the First Sea Captain to lead a voyage that did this E 300
What is circumnavigate the world ( Travel around the world/globe E 300
What term or name was given to a European Nation that was setting up colonies in the Americas E 400
What is mother country? E 400
This is the name given to skilled workers during the commercial revolution of the 1600’s E 500
What is Artisans E 500
Another name for Gold, Silver, and other valuable metals F 100
What is Bullion? F 100
Economic System which is controlled by the government through trade and colonies F 200
What is Mercantilism? F 200
F 300 A Large tax placed on foreign goods coming into your country
What is a tariff? F 300
This the buying and selling of raw materials and finished products over a long distance of travel F 400
What is commerce? F 400
Economic System in which Entrepreneurs, Merchants, and Skilled workers, own property and trade freely F 500
What is Capitalism?
The Final Jeopardy Category is: Capitalism Please record your wager. Click on screen to begin
The purpose of this organization was to make founding colonies faster and less expensive by selling shares to investors to acquire more money for investing in the “New World” Click on screen to continue
What is a Joint-Stock Company Click on screen to continue
Thank You for Playing Jeopardy! Written By: Mr. Ackerman