Reading quiz- Friday Nov. 21

The most important early economic thinker, who promoted that society would prosper when individuals pursued their own economic interests.

• Voltaire

• Adam Smith

• Montesquieu

• Isaac Newton

• Francis Bacon

What was the VOC?

• United East India Trading Company (Dutch)
• Trade winds that helped Europeans get home
• The Trans-Saharan trade routes
• The name given to the route found by Vasco da Gama to India

Joint Stock Companies unwittingly promoted a new economic theory of...

• Capitalism
• Communism
• Socialism
• Utopianism

In the “Glorious Revolution” in England’s history, the power of the Monarchy was strengthened over the power of Parliament when a king was reinstated. This is also known as the Monarchy Restoration.

• True

• False

What occurred with King Charles I when his supporters (Cavaliers) & himself were defeated by Parliament supporters in the English Civil War

• Charles I’s son directly took over and continued the monarchial reign.

• Charles I’s daughter was invited to take the throne since she was protestant

• Charles I was exiled to France where he was entertained by King Louis XIV at Versailles

• Charles I was beheaded and Parliament briefly ruled England as a puritanical state

• Charles I was allowed to live as long he supported Oliver Cromwell’s ruling of England

Seventeenth-century constitutional monarchies are characterized by all of the following except

• representational institutions such as Parliament.

• a system of shared authority.

• state support for maritime trade and international commerce.

• recognition of individual rights.

• the election of the monarch by the merchant class.

The population of Europe grew dramatically in the seventeenth century because of

• improved nutrition with new American food crops.

• new agricultural technology, which increased output.

• the development of the first immunizations for smallpox and plague.

• improved public health and sanitation.

• All of the answers are correct.

The system by which unfinished materials were delivered to rural households for production is known as the

• guild system.

• joint-stock company system.

• union system.

• putting-out system.

• countryside system.

New institutions that supported early capitalism included all of the following except

• banks and lending institutions.

• craft guilds.

• stock exchanges.

• joint-stock companies.

• insurance companies.

The institution of Serfdom could be found in Eastern Europe and Russia, although it had come to an end in Western Europe.

• True

• False