Lesson on Trade

What were the two key concepts discussed in our lesson about trade?

• Globalization and Capitalism

• Mercantilism and Triangular Trade

• Colonialism and Industrialization

• Socialism and Communism

What is mercantilism?

• A system where countries aim to export more goods than they import

• A system where countries aim to import more goods than they export

• A system where countries aim to have equal balance in trade

• A system where countries aim to eliminate trade altogether

What was the triangular trade route?

• A trade route between three European countries

• A trade route between Europe, Africa, and Asia

• A trade route between Europe, Africa, and the Americas

• A trade route between North America, South America, and Asia

Who were the key participants in the triangular trade?

• Europeans, Asians, and Africans

• Europeans, Africans, and Native Americans

• Europeans, Africans, and South Americans

• Europeans, Africans, and Australians

The journey across the Atlantic Ocean that enslaved Africans endured was called the ____________.

Enslaved Africans were forced to work on ____________ in the Americas.

Native Americans were greatly affected by diseases brought by ____________ settlers.

European colonists benefited from the labor of enslaved Africans on ____________.

What was the economic system aimed at increasing a country's wealth and power through trade and colonization?

• Mercantilism

• Triangular Trade

• Capitalism

• Socialism

What was one of the key goods exchanged in the triangular trade?

• Silk

• Tea

• Slaves

• Spices