Social 10-1 Exploring Globalization Chapter 5 Practice Questions and Answers 100% Pass

Social 10-1 Exploring Globalization Chapter 5 Practice Questions and Answers 100% Pass Legacies - Answer- something that has been passed on by those who lived in the past Imperialism - Answer- One country's domination over another country's economic, political, and cultural institutions. Historical Globalization - Answer- a period that is often identified as beginning in 1492, when Christopher Columbus made his first voyage to the Caribbean, and ending after World War 2, when the United States and the Soviet Union emerged as superpowers. Superpowers - Answer- a very powerful and influential nation Mercantilism - Answer- A policy followed by European imperial powers from the 16th to the 19th century. In colonies, trade was strictly controlled to benefit the economy of the imperial power. Capitalism - Answer- an economic system that advocates free trade, competition, and choice as a means of achieving prosperity advocates - Answer- people who strongly support or defend a cause Grand Exchange - Answer- a trading process that begun when Christopher Columbus brought seeds, fruit trees, and livestock to the Americas, where they were cultivated and became staples. In return, native North American species were exported to Europe. This exchange expanded to include different countries and products around the world.