Merc,Capitalism,CE, Internet
Created by: Annastasia Massey and Aliah Espino
What is Capitalism?
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. This allows any and all people to establish and own their own business.
The Internet
The global communication network that allows almost all computers worldwide to connect and exchange information.
What is Mercantilism?
Mercantilism is a type of economic system based on international trade. Merchants export goods to other nations and import goods to their own nation in hope of making a profit. The belief in benefits of profitable trading.
What is The Columbian Exchange?
The Columbian Exchange refers to a period of cultural and biological exchanges between the New and Old Worlds. Exchanges of plants, animals, diseases and technology transformed European and Native American ways of life.
How does the internet really work?
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Capitalism and Mercantilism Comparison
Capitalism and Mercantilism are both economic systems that are based on trade. Each system was developed to make a profit.
The Internet and The Columbian Exchange Comparison
The Internet exchanges and provides information to anyone all over the world. The Columbian Exchange was the exchange of information in the from of plants, animals, diseases and technology. The Columbian Exchange changed the way of life for the Native Americans, the Internet is changing our life everyday. It will change the way the next generation looks at the world.
Mercantilism
Why Capitalism Works