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Mr. Barchetto Notes #5. The Columbian Exchange and Global Trade. Columbian Exchange. What does it mean to exchange something? The Columbian Exchange Is considered the global transfer of foods, plants, and animals during the colonization of America.
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Mr. Barchetto Notes #5 The Columbian Exchange and Global Trade
Columbian Exchange • What does it mean to exchange something? • The Columbian Exchange • Is considered the global transfer of foods, plants, and animals during the colonization of America. • Why do you think it is called the “Columbian Exchange?” • It is named after Columbus!
The Columbian Exchange
Effects of Exchange on New World • Protein added to the Native American diet • Horses provided transportation, • Donkeys provided labor • Millions of Native Americans die from diseases
Effects of Exchange on Old World • Potato, corn, and beans helps feed Europe’s growing population • New Goods and products will lead to… • Global Trade!!!
Global Trade • 1. CAPITALISM—the investment of money to make a profit • European gvts risk more money on exploration to try to make an overseas empire (imperialism) • Joint Stock Company- business in which entrepreneurs pool their wealth for a common purpose, than share the profits. • 2. MERCANTILISM—was based on countries goal to increase wealth • European nations competed with each other for new lands • Colonies existed only to benefit the parent country • Strict laws were passed to regulate trade • Gvts imposed tariffs—taxes on imported goods