Age of Exploration Practice Quiz I 2019

Check all the factors the led to the Age of Exploration

New navigational instruments such as the [blank_start]astrolabe[blank_end], which locates latitude, and the [blank_start]compass[blank_end] as well as better [blank_start]maps[blank_end] made exploration possible.

New ship designs allowed the ships made long ship voyages possible. The were: 1. Ships were [blank_start]wider[blank_end] and could hold more [blank_start]cargo[blank_end]. 2. Ships had [blank_start]smaller[blank_end] and different-shaped [blank_start]sails[blank_end] 3. The [blank_start]rudder[blank_end] from the side to the rear of the boat

The Age of Exploration began because European wanted to find a shorter route to [blank_start]Asia[blank_end] in order to get spices and other riches.

[blank_start]Latitude[blank_end] is an imaginary line that measures distance north and south of the equator.

The [blank_start]galley[blank_end] was a long ship used by early Europeans for trade. These were replaced by the [blank_start]caravel[blank_end] which were created by the Portuguese and Spanish, helping these nations enter the Age of Exploration.

[blank_start]Portugal[blank_end] and Spain were the first two nations to begin exploration in the late 1400’s successfully.

Extensive changes in Europe’s economy and way of doing business between 1400-1750 was called [blank_start]Commercial Revolution[blank_end] (Two words)

[blank_start]Mercantilism[blank_end] was an economic belief that there was a limited amount of wealth in the world and to increase a counties wealth, it had to take wealth away from another country through trade

Favorable balance of trade is the situation that exists when a country sells more goods, known as [blank_start]exports[blank_end] (plural), than it buys, known as [blank_start]imports[blank_end] (plural), from a foreign country.

To establish a favorable balance of trade, nations encouraged [blank_start]exports[blank_end] by stimulating the growth of industries and trade. This was achieved by the use of [blank_start]tariffs[blank_end], a tax on imports, & [blank_start]subsidies,[blank_end] government funding for the manufacturing of domestic products. It improved the country’s [blank_start]infrastructure[blank_end], such as transportation systems, by building roads, bridges and canals as well as acquire overseas sources of [blank_start]raw materials[blank_end] and precious metals by acquiring [blank_start]colonies[blank_end]

[blank_start]Joint-stock companies[blank_end] are institutions which allows people to buy a portion of the business through the purchase of stocks. These companies were used to finance exploration