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Dive into the history of joint stock companies, capitalism, and the impactful African Slave Trade. Learn about key points, maps, and quizzes to enhance your knowledge. Homework due Friday!
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Agenda • Map Quiz (Content quiz Thursday) • Joint Stock Companies • African Slave Trade • Homework is due Friday!
Objectives • Understand the reason for joint stock companies. • Explain the African slave trade.
Map Quiz Locations • Russia • England • Germany • Portugal • Netherlands • Latin America • West Indies • China
Joint Stock Companies • Stock was sold to several investors to share the expense and risk of the voyages. • This promoted CAPITALISM • What is capitalism?
Capitalism • Capital is wealth such as ships factories or money. • Capitalism is what we have in the U.S. • People are free to own capital and decide how they want to use it.
Joint Stock Companies • Key Points • Why Important?
# 97 African Slave Trade • What do you know about the African Slave trade?
The "Middle" Passage
African Captives Thrown Overboard Sharks followed the slave ships across the Atlantic!
Does slavery exist anywhere in the world today??
#97 African Slave Trade • Key Points • Why Important?