4.5 Understanding Maritime Empires (1450-1750)

What economic system emphasized accumulating wealth through a favorable balance of trade during the period 1450-1750?

• Feudalism

• Mercantilism

• Socialism

• Capitalism

What was the primary goal of mercantilist economies?

• To maximize imports

• To equalize exports and imports

• To minimize exports

• To maximize exports

What role did joint stock companies play in European imperial expansion?

• They facilitated the expansion by funding overseas ventures

• They discouraged colonization

• They played no significant role

• They limited trade to within Europe

Which company was granted a monopoly on trade in the Indian Ocean by the Dutch state?

• British East India Company

• Dutch East India Company

• French East India Company

• Portuguese East India Company

Which company was instrumental in the expansion of British influence in Asia?

• British East India Company

• Portuguese East India Company

• French East India Company

• Dutch East India Company

What was a major change in global trade networks introduced by the Atlantic system?

• Reduction in sugar prices

• Movement of labor between hemispheres

• Increase in silk trade

• Decrease in silver trade

Which form of labor became predominant in the Atlantic system?

• Native American labor

• Enslaved African labor

• Voluntary labor

• Indentured servitude

Which regions continued to control the Silk Roads despite European naval dominance?

• Spanish and Portuguese Territories

• British and French Colonies

• Ottoman and Safavid Empires

• Ming and Qing China

What was a significant social effect of the African slave trade in the Americas?

• Economic decline

• Gender balance

• Cultural synthesis

• Decrease in agricultural production

How did the introduction of Christianity affect indigenous populations in South America?

• Blending of native and Christian beliefs

• No significant impact

• Rapid and complete conversion

• Immediate rejection of Christianity