16: The World Economy Flashcards Preview

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Flashcards in 16: The World Economy Deck (16):
1

Cape of Good Hope

-Southern tip of Africa; first circumnavigated in 1488 by Portuguese in search of direct route to India.
-Southern tip of Africa.

2

Columbus, Christopher

-Genoese captain in service of king and queen of Castile and Aragon; successfully sailed to New World and returned in 1492; initiated European discoveries in Americas.
-Initiated European discoveries in Americas.

3

Magellan, Ferdinand

-Spanish captain who in 1519 initiated first circumnavigation of the globe; died during the voyage; allowed Spain to claim Philippines.
-1st circumnavigation of globe.

4

Dutch East India Company

-Joint stock company that obtained government monopoly over trade in Asia; acted as virtually independent government in regions it claimed.
-Obtained government monopoly over trade in Asia.

5

British East India Company

-Joint stock company that obtained government monopoly over trade in Asia; acted as virtually independent government in regions it claimed.
-Obtained government monopoly over trade in Asia.

6

Lepanto

-Naval battle between the Spanish and the Ottoman Empire resulting in a Spanish victory in 1571.
-Ended any chances of Muslim rivalry to European naval power.

7

core nations

-Nations, usually European, that enjoyed profit from world economy; controlled international banking and commercial services such as shipping; exported manufactured goods for raw materials.

8

mercantilism

-Economic theory that stressed governments' promotion of limitation of imports from other nations and internal economics in order to improve tax revenues; popular during 17th and 18th centuries in Europe.

9

Balboa, Vasco de

-First Spanish captain to begin settlement of the mainland of Mesoamerica in 1509; initial settlement eventually led to conquest of Aztec and Inca empires by other captains.

10

Pizarro, Francisco

-Led conquest of Inca Empire of Peru beginning in 1535; by 1530, most of Inca possessions fell to the Spanish.

11

New France

-French colonies in North America; extended from St. Lawrence River along Great Lakes and down Mississippi River valley system.

12

Seven Years War

-Fought both in continental Europe and also in overseas colonies between 1756 and 1763; resulted in Prussian seizures of land from Austria, English seizures of colonies in India and North America.

13

Treaty of Paris

-Arranged in 1763 following Seven Years War; granted New France to England in exchange for return of French sugar island in Caribbean.

14

Cape Colony

-Dutch colony established at Cape of Good Hope in 1652 initially to provide a coastal station for the Dutch seaborne empire; by 1770 settlements had expanded sufficiently to come into conflict with Bantus.

15

Boers

-Dutch settlers in Cape Colony, in Southern Africa.
-(SEE CAPE COLONY)

16

Calcutta

-Headquarters of British East India Company in Bengal in Indian subcontinent; located on Ganges; captured in 1756 during early part of Seven Years War; later became administrative center for all of Bengal.

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