Mercantilism Through the Triangular Trade Worksheet With Answer Key - Western Reserve Public Media: 101 Economics Academy

The Mercantilism Through the Triangular Trade Worksheet With Answer Key is a resource provided by Western Reserve Public Media's 101 Economics Academy. It is designed to help students understand the economic system of mercantilism and the Triangular Trade during the colonial period.

FAQ

Q: What is the Triangular Trade?A: The Triangular Trade was a system of trade between Europe, Africa, and the Americas during the colonial period.

Q: What were the main items traded in the Triangular Trade?A: The main items traded were raw materials (such as sugar, tobacco, and cotton) from the Americas, manufactured goods from Europe, and enslaved Africans from Africa.

Q: Who benefited the most from the Triangular Trade?A: Europe benefitted the most from the Triangular Trade, as they obtained valuable raw materials and gained wealth through the trade.

Q: What impact did the Triangular Trade have on Africa?A: The Triangular Trade had a negative impact on Africa, as it led to the enslavement and exploitation of African people.

Q: What impact did the Triangular Trade have on the Americas?A: The Triangular Trade had a significant impact on the Americas, as it fueled the growth of plantation economies and contributed to the development of the New World.

Q: What impact did the Triangular Trade have on Europe?A: The Triangular Trade had a positive impact on Europe, as it contributed to the rise of capitalism and the growth of the European economy.

Q: When did the Triangular Trade take place?A: The Triangular Trade took place from the 16th to the 19th century.

Q: What is mercantilism?A: Mercantilism was an economic system where colonies existed to benefit the mother country by providing raw materials and serving as markets for manufactured goods.

Q: How did mercantilism influence the Triangular Trade?A: Mercantilism influenced the Triangular Trade by promoting the idea of colonies as sources of wealth and raw materials for the mother country.

Q: What role did Western Reserve Public Media play in the document?A: Western Reserve Public Media provided the document 'Mercantilism Through the Triangular Trade Worksheet With Answer Key' as part of their 101 Economics Academy program.