1. Ch. 16.2 Compass Joint-stock Company Mercantilism
Favorable Balance of Trade
Tariffs
Subsidies
Commercial Revolution

2. What do you see in this image?
What kind of image is it? A painting or photograph?
Is this image old or new? How do you know?
What do you think might be in the rest of the painting?

3. What types of people have now been revealed in the painting?
Describe what they look like. What are they wearing?
What are they doing? Why?
What do you think might be in the rest of the painting?

4. Who else now appears in the painting?
What do you think is taking place?
Who might the man be bowing to?

5. Now what do we see in the painting?
What does this represent? Who specifically?
What is the significance of all of the different characters? Why are they all there?

6. Who are the people in the background?
What might be a good title for this painting?

8. Commercial Revolution
1400s-1700s
Standard system of money is utilized
Coins now had fixed values
Encouraged international trade and banking
Banks made loans to those who wanted to explore
Joint-Stock Company: owners sold shares or stock in the company.
Investors then became co-owners and shared in the profits.
Key Explorers: Spain, Portugal, and France

9. Mercantilism Seek to acquire as much wealth as possible
To acquire wealth, one must take it from another country, since there was a fixed amount of wealth in the world
Favorable balance of trade: take more gold and silver from one country than it pays them
Tariffs, or taxes on imports
Discouraged buying foreign goods
Exports of manufactured goods
Sell goods to other countries
Control sources overseas such as raw materials and precious metals
Colonial markets become a key to financial success

10. Social Change Renaissance and Scientific Revolution
Curiosity and Discovery
Population increase in Europe
Gain land and possible wealth elsewhere
Reap quick profits
Religious Freedom

11. Explorer Poster You must include the following:
Create a poster recruiting seamen for a 16th century sailing expedition.
You must include the following:
Nation sponsoring the trip
Include Map of Nation
Reasons for sponsoring trip
At least 5
Incentives for Explorers
Effective visuals such as maps and resources
At least 5 (use map routes and goods sought)
Implement Vocabulary Terms
At least 5 Terms
Poster must be at least 8*10

12. Anonymous Chinese, CHINESE ARISTOCRATS WEAVING SILK (n. d. )
Anonymous Chinese, CHINESE ARISTOCRATS WEAVING SILK (n.d.). Courtesy of Chinastock Photos. Item #: 1976 Unit: Early Economies, Early Global Commodities Time Period: period 6: 1450 CE CE Region: East Asia Video Segment: Commercial Revolution in China, Silver Connects the World: China

13. Anonymous, CHART OF PACIFIC OCEAN (1567)
Anonymous, CHART OF PACIFIC OCEAN (1567). Courtesy of The British Library. Item #: 2688 Unit: Early Global Commodities, Imperial Designs Time Period: period 6: 1450 CE CE Region: Pacific/Oceania Video Segment: Silver Connects the World: The Americas

14. Anonymous, ILLUSTRATION TOWN OF POTOSI IN MOUNTAINS (1581)
Anonymous, ILLUSTRATION TOWN OF POTOSI IN MOUNTAINS (1581). Image donated by Corbis - Bettmann. Item #: 4008 Unit: Land and Labor Relationships, Early Global Commodities, Rethinking the Rise of the West Time Period: period 6: 1450 CE CE Region: South America and Caribbean Video Segment: The Americas and the Globalization of Labor: Slavery and Resistance, Silver Connects the World: The Americas

15. Hot Pepper Studios, created for Bridging World History, THE INKAN ROAD SYSTEM (2004). Courtesy of Oregon Public Broadcasting. Item #: 6488 Unit: Early Economies, Early Empires, Early Global Commodities Time Period: period 5: 1000 CE CE Region: South America and Caribbean Video Segment: The Inka Empire, Inkan Tribute Economy, Silver Connects the World: The Americas

16. Anonymous, AFRICAN MERCHANT SELLING SLAVES TO A EUROPEAN (n. d. )
Anonymous, AFRICAN MERCHANT SELLING SLAVES TO A EUROPEAN (n.d.). Original Source not identified. Item #: 3203 Unit: Land and Labor Relationships, Early Global Commodities, Food, Demographics, and Culture Time Period: period 7: 1750 CE CE Region: Africa/Egypt Video Segment: Silver Connects the World: Europe, East Asia, West Africa, The Americas and the Globalization of Labor: Slavery and Resistance

17. Anonymous Japanese, NAMBAN SCREEN: PORTUGUESE SHIP LANDING
Anonymous Japanese, NAMBAN SCREEN: PORTUGUESE SHIP LANDING. DETAIL: PORTUGUESE TRADERS ON SHIPBOARD (ca ). Courtesy of WorldArt Kiosk/Kathleen Cohen. Item #: 2517 Unit: Early Global Commodities, Rethinking the Rise of the West Time Period: period 6: 1450 CE CE Region: East Asia Video Segment: Silver Connects the World: Europe, East Asia, West Africa

18. C. Claez, MAP OF THE WEST COAST OF AFRICA (1596)
C. Claez, MAP OF THE WEST COAST OF AFRICA (1596). Courtesy of The Image Works. Item #: 4398 Unit: Land and Labor Relationships, Early Global Commodities Time Period: period 6: 1450 CE CE Region: Africa/Egypt Video Segment: Silver Connects the World: Europe, East Asia, West Africa, The Americas

19. Early Global Commodities
Define Globalization
What is globalization and when did it begin? Before the sixteenth century, the world's four main monetary substances were silver, gold, copper, and shells. But it was China's demand for silver and Spain's newly discovered mines in the Americas that finally created an all-encompassing network of global trade.
Video Summaries
Video Notes