international trade

international trade - Thirty Years War, Louis XIV dies, War...

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Thirty Years’ War, Louis XIV dies, War of Austrian Succession, Diplomatic Revolution International Trade, 17 th 18 th century Mercantilist policies demand international trade Initially focus on precious metals Last half 17 th century changes to plantations Plantation economy is labor intensive Laze Fair- “leave it alone” opposite of mercantilist economy Slavery Begins 16 th century Height of slavery in the 18 th century Abolition in the 19 th century 2/3 of slaves are taken in the 18 th century take slaves from other European countries, then African countries increase in African slavery Impact on Europe some slaves had a 7 year life expectancy, sometimes less Money transferred to Europe Plantation owners build opulent European homes Alters consumption patterns Items like sugar become part of everyday life, before 1600s sugar was medicinal, by 1795 there are riots in Paris during the French Revolution for sugar, an expectation for sugar in their diet Both in the new world and the old world “trickle down theory of economics” puts more money from the new world back into the European economy
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This note was uploaded on 04/07/2011 for the course HIST 111 taught by Professor Popiel during the Spring '08 term at Saint Louis.

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international trade - Thirty Years War, Louis XIV dies, War...

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