1. Unit 1: Exploration/Colonization
TRADE

3. Columbian Exchange

4. New world foods help make lives healthier and longer for the Old World
Goods from the old world (Europe, Asia, and Africa) are brought into the new world (North and South America)
Old world animals help transform the new world and its native inhabitants
Diseases are credited with ~90% destruction of Native peoples
New world foods help make lives healthier and longer for the Old World
Corn, Potatoes, Tomatoes to name a few.

5. II. Triangle Trade

6. Manufactured goods are traded from Europe to Africa and the Americas
Precious Metals and enslaved Africans are traded from Africa to Europe and the Americas
Raw Materials and foodstuffs are traded from the Americas to Europe and Africa

7. III. Middle Passage

9. Middle part of the Triangle Trade
Replaced native labor (encomienda system) and indentured servants throughout the Americas
Exclusive use of Africans as slaves developed into a political, social, and economic system that gives rise to racism

10. IV. Mercantilism

11. Mercantilism = idea that a country gains power by building its supply of bullion (gold/silver) with more exports than imports
Exports: Items trade from a home country to a foreign country
Imports: Items traded from a foreign country to a home country
Colonies create raw materials for the mother country (home country) and served as markets for manufactured goods

12. Mercantilism leads to a commercial revolution
Commercial revolution where money is made by investing in trade creating a “middling class” of merchants and artisans
“Seeds of Capitalism”
Build up money (capital) for investment
Create markets to sell goods
Get government out of the way (Free Enterprise)