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04/06/2021

What was the effect of the commercial revolution on Europe?

What was the effect of the commercial revolution on Europe?

The Commercial Revolution helped to connect Europe with the rest of the world through trade, commerce, and investing. It brought the European influence to other countries, and in turn these countries influenced Europe when it came to food, clothing, and other items.

What were the effects of the commercial revolution in Western Europe?

Western Europe’s population increased, in part due to the availability of additional food supplies. Western Europe’s population also began to change residence from rural areas into urban centers. Some lesser nobles and many peasants, both groups having difficulty surviving on the land, moved to the cities.

What were the effects of the commercial revolution quizlet?

The Commercial Revolution helped bring about the agricultural revolution because the population had grown due to the increase in money, and businesses required more efficient production of raw materials because trade demand had increased.

How did joint stock companies work?

A joint-stock company is a business owned by its investors, with each investor owning a share based on the amount of stock purchased. Joint-stock companies are created in order to finance endeavors that are too expensive for an individual or even a government to fund.

How did the drive to establish colonies lead to the growth of capitalism?

How did the drive to establish colonies lead to the growth of capitalism? The increasing trade between the nations and their colonies drove ore individuals to participate. What was the Middle Passage of the slave trade like?

What rights did the charters give the Virginia Company?

In 1606 James I issued a charter to the Virginia Company of London. This first charter gave the Virginia Company the right to establish a settlement in North America. The charter also ensured that the settlers would have all the rights and privileges of free Englishmen back home.

How did the Mayflower Compact impact our government?

Finally, as the first written constitution in the New World, the Mayflower Compact laid the foundations for two other revolutionary documents: the Declaration of Independence, which stated that governments derive their powers “from the consent of the governed,” and the Constitution.

Is Virginia in the southern colonies?

The Southern colonies included Maryland, Virginia, North and South Carolina, and Georgia. English American Southerners would not enjoy the generally good health of their New England counterparts.

What was the first attempt at colonization by England?

Roanoke

How did joint stock companies start?

One of the earliest joint-stock companies was the Virginia Company, founded in 1606 to colonize North America. By law, individual shareholders were not responsible for actions undertaken by the company, and, in terms of risk exposure, shareholders could lose only the amount of their initial investment.

How did joint stock companies allow European states to consolidate and maintain power in their colonies?

4.5 How did joint-stock companies allow European states to consolidate and maintain power in their colonies? Joint-stock companies, influenced by these mercantilist principal’s, were used by rulers and merchants to finance exploration and were used by rulers to compete against one another in global trade.

How did joint stock companies affect trade and exploration?

how did joint stock companies encourage people to invest in overseas trading ventures? investors pay only a fraction of the cost, and the people were going to make new colonies in the Americas. These stimulated explorations because many people wanted to spread their religions.

What would make nations stronger according to mercantilism?

– The theory of mercantilism held that a country’s power depended mainly on its wealth. – Wealth, after all, allowed nations to build strong navies and purchase vital goods. – As a result, the goal of every nation became the attainment of as much wealth as possible.