AnswersWorld HistoryThree Worlds Meet

Three Worlds Meet — Quiz Answers

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1
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Which is the most accurate list of mercantilism rules?

A
i. Collect gold and silver. ii. Import more goods than what one exports. iii. Provide raw materials to colonies. iv. Sell manufactured goods from colonies to the mother country.
B
i. Collect gold and silver. ii. Export more goods than what one imports. iii. Have the colonies provide raw materials. iv. Sell manufactured goods from the mother country to colonies.
C
i. Sell gold and silver. ii. Import more goods than what one exports. iii. Sell raw materials to colonies. iv. Provide manufactured goods to colonies.
D
i. Sell gold and silver. ii. Export more goods than what one imports. iii. Have colonies sell raw materials. iv. Sell manufactured goods from the mother country to colonies.
2
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The Dutch East India Company, the British East India Company, and the Virginia Company were

A
multiple-stock companies
B
monarchy-funded companies
C
joint-stock companies
D
single-stock companies
3

What caused Europe’s population to increase, to provoke its interest in trade, and provided its population with large amounts of gold and silver?

A
the Commercial Revolution
B
the Columbian Exchange
C
the Triangular Trade
D
the mercantilism economy
4

How did the Columbian Exchange affect the African people?

A
The introduction of the joint-stock company and the rise of cities and towns led many African people to invest in the New World.
B
The introduction of new crops and the decimation of the Indigenous population in the New World led to the capture and enslavement of many African people.
C
The introduction of new animals and diseases to the Americas led to the Middle Passage, a ship route that transported many Indigenous peoples to Africa.
D
The introduction of new crops and the Commercial Revolution in Europe led to the transfer of goods for African land.
5

Which statement best describes the effect of Triangular Trade on Africa?

A
Societal fabric was destroyed, between 10-15 million Africans were sent to the New World, and the rise of African state banks occurred.
B
Ten to twenty percent of Africans on the Middle Passage died due to inhumane conditions, West Africa became a trading post for corn and wheat, and wars for colonial control began.
C
Communities were devastated, the population declined, families were torn apart, and slave trading wars claimed even more African lives.
D
Young, healthy Africans were sent to the New World, a smallpox epidemic further decreased the population, and Africa began growing coffee.
6

What was the Commercial Revolution?

A
a trade war between European countries following the colonization of the New World
B
the replacement of colonialism with mercantilism
C
an enormous change in the rules of commerce due to the Columbian Exchange
D
the decrease in global trade between Europe, the Americas, and Africa
7

The impact of the Commercial Revolution could be most felt in which realm?

A
There was an economic impact; the birth of the banking system, growth of capitalism and companies dramatically increased the wealth of nations.
B
There was an environmental impact; the increased movement of goods and people drastically changed the environment.
C
There was a trade-related impact; the increase of global trade had an enormous effect on the Old and New World.
D
There was a social impact; the merchant class grew and towns and cities became more populated.
8

Which correctly matches the product with its place of origin before the Columbian Exchange?

A
Sugar came from the Americas.
B
Horse came from Europe.
C
Wheat came from the Americas.
D
Tomato came from Europe.
9

Which is a positive balance of trade for a country?

A
importing goods and exporting services
B
importing raw materials and exporting goods
C
exporting more goods than importing
D
importing more goods than exporting
10

Which aspect of the financial system created by the Commercial Revolution most clearly paved the way for today’s corporations?

A
state-created banks
B
stable currencies
C
joint-stock companies
D
stock markets

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