Ch 20 Review

Which statement best describes a key aspect of mercantilism?

• removing tariffs to increase free trade between empires

• acquiring colonies to provide a favorable balance of trade

• eliminating private ownership of the means of production

• encouraging subsistence agriculture

What was a major effect of the Columbian exchange?

• economic collapse in Europe

• introduction of new food crops to Europe

• decrease in European population

• expansion of democratic rights throughout Europe

In the 17th and 18th centuries, the primary goal of mercantilism as practiced by European countries was to

• glorify the power and aggressiveness of the military

• create laws which guaranteed individual freedoms

• teach the natives Christianity and offer them protection in exchange for labor

• increase their supply of gold and silver through a favorable balance of trade

Development and expansion of banking, insurance companies, and stock exchanges were essential to the system of

• feudalism

• tribute

• capitalism

• bartering

In colonial Spanish America, which system was developed by the Spanish to support plantation agriculture?

• barter

• encomienda

• domestic

• guild

Which country is responsible for the extensive colonial use of the encomienda labor system?

• England

• France

• the Netherlands

• Spain

Which situation was an immediate cause for the collapse of the Aztec civilization?

• disruption of overseas trade networks

• conquest by foreigners

• a series of crop failures

• a lack of military training

Which phrase best illustrates the theory of laissez-faire capitalism?

• businesses operating with little government regulation

• the state establishing production quotas

• central planning committees setting prices on goods

• decisions related to distribution being based on community traditions

What is the most appropriate title for the map?

• The Industrial Revolution

• Imperialism in Africa

• The Age of Discovery

• Atlantic Trade Routes

What is the name of the early 16^th century Spanish conquistador who was known for his conquest of the Inca Empire of Peru?

• Balboa

• Columbus

• Hudson

• Pizarro