Exploration and its Consequences

HWH UNIT 1PARTS OF CHAPTERS 2 & 3

Explorer Review

European Claims in the Americas

The Colonial System• Viceroys: Ruled in the name of the king• Encomienda System: system of forced labor• Cultural and Racial Groups

– Peninsulares: those born in Spain– Creoles: American-born Spaniards– Mestizos: of both Native American and Spanish

heritage– Mulattoes: of both African and Spanish heritage

Asian Dynasties

European Encounters with Asian Dynasties

A Revolution in Trade: The Commercial Revolution

The Columbian Exchange

TO EUROPE

TO THE NEW WORLD

The Commercial Revolution• Inflation

– Currency loses value • Population Increase– Recovery from the plague– Prices go up

• Origins of Capitalism– Joint-Stock Companies

• Mercantilism– Benefit the nation– Export more than import– Colonies

Slavery and The Triangular Trade

The Impact of Exploration

• What were the pros and cons for both Europeans and native peoples?