1. When Europeans conquered and claimed lands overseas, it was called 2. Spain's used military power to overtake indigenous peoples
and colonize Central and South America.
3. When the Spanish took over the Incan Empire, they acquired the
mountain of Potosí, where they created the system to extract
as much silver as possible.
4. Under capitalism, the legal system protects and businesses are
run for profit
5. The Dutch and the English East India Companies were the most
powerful companies.
6. The Dutch East India Company showed how shareholders could enjoy
part of the company's profits in the form of
7. The commodification of in the Americas was just one example
of how Europeans profited from growing and selling a cash crop in the
colonies.
8. The economic system that developed following colonialism and a
growing middle class is called