Exploration and its Consequences
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Transcript of Exploration and its Consequences
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Exploration and its Consequences
HWH UNIT 1PARTS OF CHAPTERS 2 & 3
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Explorer Review
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European Claims in the Americas
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The Colonial System• Viceroys: Ruled in the name of the king• Encomienda System: system of forced labor• Cultural and Racial Groups
– Peninsulares: those born in Spain– Creoles: American-born Spaniards– Mestizos: of both Native American and Spanish
heritage– Mulattoes: of both African and Spanish heritage
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Asian Dynasties
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European Encounters with Asian Dynasties
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A Revolution in Trade: The Commercial Revolution
The Columbian Exchange
TO EUROPE
TO THE NEW WORLD
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The Commercial Revolution• Inflation
– Currency loses value • Population Increase– Recovery from the plague– Prices go up
• Origins of Capitalism– Joint-Stock Companies
• Mercantilism– Benefit the nation– Export more than import– Colonies
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Slavery and The Triangular Trade
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The Impact of Exploration
• What were the pros and cons for both Europeans and native peoples?