Chapter 14.5: Toward a World Economy (4)

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marquezd1
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191840
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Chapter 14.5: Toward a World Economy (4)
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2013-01-08 21:53:58
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Europe and the World: New Encounters, 1500-1800
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  1. Overseas Trade and Colonies: Movement Toward Globalization
    Mercantilist Theory
    • a.      Mercantilist theory matched by Europe’s overseas expansion
    •                                                               i.      Colonies and trading posts in Americas and Eastà adventure in international commerce in 17th c.
    • 1.      Local, regional, and intra-European trade predominated
  2. Overseas Trade and Colonies: Movement Toward Globalization
    Mercantilist Theory: Transoceanic Trade
    • a.      Transoceanic trade important for value of goods
    • English, Dutch and French were bring back products that were consumed by wealthy and beginning to be used by artisans and merchants
  3. Overseas Trade and Colonies: Movement Toward Globalization
    18th Century
    • a.      18th century trade in Europe= strong
    •                                                               i.      Slight increase with overseas tradeà global economy
    •                                                             ii.      Trade patterns interlocked Europe, Africa, the East, and the Americas

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