Politics and the Money Trail.

1. Politics and the Money Trail. Big Picture: Economic factors drove political actions during the era of European exploration. The Columbian exchange marks the beginning of a new global market.

2. What We Need To Know!! • Free-markets • Mercantilism • Capitalism • Atlantic Slave Trade • Imperialism

3. Mercantilism: • Mercantilism, also called "commercialism,” is a system in which a country attempts to amass wealth through trade with other countries, exporting more than it imports and increasing stores of gold and precious metals. • https://www.vocabulary.com/dictionary/mercantilism Free Market: • A free market is a market in which there is no economic intervention and regulation by the state, except to enforce private contracts and the ownership of property. • http://www.princeton.edu/~achaney/tmve/wiki100k/docs/Free_market.html

4. Capitalism • Free Trade • Monopoly • Max Weber • Regulation • Competition • http://www.econlib.org/library/Enc/Capitalism.html

5. Atlantic Slave Trade • The enslaving, trade, and transport of African people to Europe and the Americas, begun by the Portuguese in the early 1440’s.

6. Imperialism • State policy, practice, or advocacy of extending power and dominion, especially by direct territorial acquisition or by gaining political and economic control of other areas. • http://www.britannica.com/EBchecked/topic/283988/imperialism • http://webs.bcp.org/sites/vcleary/ModernWorldHistoryTextbook/Imperialism/section_1/introduction.html

7. Economic and Political Results: • Increase in of silver and gold. • Economic exploitation of the Tropics. • Capitalism is dominant form of economy throughout globe. • New global networks. • Division of Americas and displacement of natives. • The emergence of colonies and independent States.