History Unit 5
Terms
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-1848
-Communist Writer
- Capitolism is Unhumane - Carl Marks
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-1st to sail around Africa & reach India
-Products sold 60x as regular price - Vasco De Gama
- Economic system that involves private property, free enterprise, hiring for labor for wages, lending $ for interest, determining what to produce, how to produce it, and at what price. All of this done with one goal in mind (PROFIT)
- Capitolism
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-Feudalism
-Subsistance Agriculture
- Socialism - Pre-Capitolism Societies
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-Agriculture based society
- Growing own food - Subsistance Agriculture
- -Method of manufactoring before factories
- Cottage/Domestic System
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-National Govt. way to strengthen its economy
1. Standardizing a national currency
2. Reduces tolls withen the country & imposes Tariff
3. Creating a favorable balance of trade
4. Establishing Clonies
5. Navy - Mercantilism
- Because of Black plague and Subsistence Agriculture
- population Increase
- Person starting a new buisnes
- Entrepenuer
- New Indusries
- Mining, Ship building, Aramaments, textiles, printing, and banking
- Reduces amount of investment necessary
- Partnership
- Money that is used in buisness, Proper Name
- Capitol
- Economic system where you buy or sell with goods
- Market Economy
- Purchasing part of a buisness
- Company
- Govt. gives exclusive rights to a buisness
- Charter
- Powerful, Helped cause its decline
- Spain
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-Causes Progress
-Pre Columbian voyages - Exploration
- Scandinavian Viking
- Eric the Red
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-Son of Eric
-Colony in Iceland
-Greenland was discovered - Leif Ericson
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-Fear of Unknown
-Lack of incentive
-lack of political unity
-lack of technology - Limitations
- New Technology
- Compass, Caravel, Astrolabe
- New Incentive
- Riches and Profit
- Dealing with water
- Maritime
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3x longer than Columbas's voyage
Out of sight of land for 93 days
Slaves, Gold, Ivory from Africa - Vasco De Gama
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Portugese Colony
1st great plantation society
Grew Sugar, Labor force - Brazil
- Modern day Hipanola
- Haiti
- 3 Ships for the one month voyage
- Nina, Pinta, Santa Maria
- How man people lived in new world
- 75 Million to 100 Million
- Found gold in
- 1499
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Conquest and Slavery
Resulted in enslavement/death - legacy of Colombus
- First colony in America
- Jamestown
- Colony Sir Walter Rlaeigh made
- Roanoke
- "Greater New England"
- Plyouth Colony
- 3 Epidemics
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Small Pox
Measels
Flu - Old to new
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Cows, Chickens, Pigs, Sheep, Goats, Donkeys, oxen
Meat, Barley, Oats, Rice, Oranges, Apples, Bananas, Pears, Coffee, Sugar Cane - New to Old
- Corn, Potatoes, Tomatoes, Beans, Squash, Pineapple, Melon, Tobaccoe, Cocao
- Why did Europeans rule the World
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1.Europe had better Military Tech.
2.Beurocatic Gov.-Modern and Complex
3.Justified Conquering
4.Disease-had less and Impact - How many epidemics were there between 1520 and 1918
- 93 were found and 43 of them were Small Pox
- Idea of Racism
- In Europe, those who came from early ages, had cultural contact
- Clas of 3 Cultures
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Africa
Europe
America