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MercantilismVSCapitalism&The Columbian ExchangeVSTheInternet

What is mercantilism?

An economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state. Mercantilism ran throughout 1400-1700. It was strictly profit driven

Pro's and Con's of Mercantilism

Pro's:
  • It naturally decreased unemployment rates
  • It creates economic stability
  • Encourages trade deficit for foreign nations

Con's:

  • Slavery ran throughout generations
  • Dehumanized the slaves
  • Government controlled the trade
  • Risk of running out of things to trade with
  • Shipping cost from trading (Lowering profit)
Mercantilism 1: What is it?

What's Capitalism?

Capitalism is the evolved version of Mercantilism. Capitalism many people opportunities to succeed financially. It says that if you have a good enough idea you can develop off of it and make a profit and produce it in mass.

Pro's and Con's

Pro's:

  • Less chance to have dominant power (with more businesses comes less power for someone)

Con's

  • Creates social division
  • Created a money oriented society
  • Inherited wealth and wealth inequality

Columbian Exchange vs The Internet

What's the Columbian Exchange?

The columbian exchange was one of the first forms of trades for technology, animals and even diseases.

Pro's and Cons

Pros:

  • Opened up opportunities
  • Discovery was rapidly growing
  • Expanded communication

Cons:

  • Countries would get upset because they would not have the same amount of resources that other countries did (which was not their fault)
  • Diseases spread rapidly
  • Caused the native americans to go against their religon when

The Columbian Exchange | Description

What is The internet?

The internet is a world wide connection for everyone to interact with each other. It is also a way to exchange materials and many other things.

So what?

The Internet has evolved the world to a large extent. Today our adults and children use the internet 24/7. The past couple christmas's 50%+ of the shopping was done on the internet. It is apparent that people has become more intelligent

Now What?

Now currently with the internet it continues to succeed. Our generation is going to come up in a internet ruled society, our life is slowly turning over into internet and soon that is going to become our lives. On to the positive. Internet is also a gateway to world wide communication. During current day we can connect with almost everyone who we want to. Many websites such as Ebay or amazon are perfect examples of the evolution. I could exchange my real currency for a product somewhere as far as china.

Pros and Cons

Pro's:


  • You have access to any information for free
  • easy and affordable communication
  • endless entertainment due to youtube vine etc.
Con's:



  • A huge playground for illegal activity
  • The world is becoming more dependent on the internet they even need smart watches
  • Huge chance of exposing private information

You

Now that you know about the internet you can have fun watch videos get smarter.

And git gud.

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