Chapter 8 – Test #3 GLOBAL ECONOMICS AND TRADE Test Questions Multiple-Choice Questions 1) What was the Bretton Woods system designed to prevent? a. the expansion of the gold to dollar standard b. another Great Depression c. the sale of complex financial instruments called “derivatives” d. speculation in the markets for both gold and silver 2) In what year did the Bretton Woods system break down? a. 1971 b. 1980 c. 1995 d. 1966 3) The __________ tradition of IPE focuses on the ability of institutions
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AP Euro Final Exam Study Guide * Renaissance humanism -the revival and study of Latin classics to learn what they reveal about human nature -emphasized human beings‚ their achievements‚ interests‚ and capabilities -viewed humanity from a strongly Christian perspective * women in the Renaissance -domestic‚ but some worked (paid less than men) -status of upper-class women declined * John Calvin “Institutes of the Christian Religion” (theme) -belief in absolute sovereignty and omnipotence
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form. Be able to identify the who/what‚ when‚ where‚ and the historical significance to choose the correct answer. Chapter 19 1. driver 2. seasoning 3. maroons 4. Middle Passage 5. Songhai 6. Hausa 7. mercantilism 8. capitalism 9. Atlantic system 10. Dutch West India Company Chapter 20 1. Janissary 2. Suleiman the Magnificent 3. Shi’ite Islam 4. Shah Abbas I 5. Akbar 6. mansabs 7. Maritime Worlds
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the region is on the decline there is no doubt that Caribbean societies continue to maintain education as one of their highest priorities. Discuss this statement critically. Essay 3: Caribbean Integration It will be recalled that the Caribbean islands were among the first areas to be impacted by early globalization‚ in the form of European maritime expansion. The initial result was the extermination of the majority of the indigenous population. There followed mercantilism‚ slavery and the plantation
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The Columbian Exchange had dramatic demographic effects in both the Americas and Europe. One major factoring concerning both of the two regions was the spread of new diseases causing a decline in the growth of both the America’s and Europe’s population. However‚ the impact tended to be much more negative for the Americans. Through the Columbian exchange the Europeans brought multiple new diseases to the Native American population‚ including small pox. The coming of these diseases had such a great
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Prior to 1490s‚ Europeans had already sailed down to west coast Africa and were having a long-established trade in African Slaves. Moreover‚ European expansion basis was the ambition for the trade and resources of Asia. They tried to expand further to Asia motivated by ambition for the trade and resources of Asia. Three centuries after Columbus’s discovery of America‚ various Europeans which are Spanish‚ Portuguese‚ French‚ English and Dutch were dominating Native American. They were occupying the
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early colonial years‚ the Puritans had control of church and state in the northeast‚ mainly Massachusetts. The leaders were strict and church and state were inseparable. But during the 1730’s to the 1740’s‚ the Great Awakening arose and led to a decline in Puritan tradition. The Great Awakening was lead by Johnathan Edwards and George Whitefield and brought about an increase in religious freedom and many new churches. The Great Awakening also led to an increase of separation of church and state.
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Strong rulers were able to unify nearby lands. Purpose of the American colonies in eyes of Europeans- Mercantilism: mercantilism is guided by economic principles. Governments held that a nation¡¯s power was directly related to it¡¯s wealth. But colonial merchants wanted to make money for themselves‚ not for Great Britain. Purpose of the American colonies in eyes of Europeans- mercantilism: Great Britain and its American colonies struggled to balance conflicting interests. Guided by economic
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Throughout this semester‚ we have delved into the history of the civilizations that have inhabited the world spanning from 1453 to present day. Whether vicariously from the perspective of a person from that time period through a primary document‚ or by means of explanation by author Robert W. Strayer and in-class discussions‚ we have taken an in-depth look at various issues and events over the course of history. Although each event was significant on some scale‚ certain events had long lasting
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What Is Mercantilism‚ Define Mercantilism Mercantilism is the name given to the economic literature and practice of the period between 1500 and 1750. Although mercantilist literature was produced in all the developing economies of Western Europe‚ the most significant contributions were made by the English and the French. Whereas the economic literature of scholasticism was written by medieval churchmen‚ the economic theory of mercantilism was the work of merchant businessmen. The literature
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