AP World History : Trade, Commerce, and Market Competition 1750 to 1900
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Example Questions
Example Question #1651 : Ap World History
United States’ naval commander Matthew Perry is notable for __________.
serving with the British during the Opium Wars
opening Japanese markets to American trade and ending Japanese isolationism
defeating the Spanish navy and capturing Guam and the Philippines
protecting American merchant ships in the Atlantic during World War Two
annihilating the Confederate Atlantic fleet during the latter stages of the Civil War
opening Japanese markets to American trade and ending Japanese isolationism
Matthew Perry was a commodore in the United States’ navy in the middle of the nineteenth century. In 1852 Perry was tasked by American President Millard Fillmore to force the opening of Japanese markets to American trade. Perry achieved this through gunboat diplomacy - he sailed into Japanese waters and essentially threatened to bombard Japanese cities unless his demands were met. His actions led to the opening of Japanese markets to American trade and the end of Japanese isolationism.
Example Question #51 : Economic History
The seminal capitalist text, The Wealth of Nations, was written by __________.
Jean-Jacques Rousseau
Thomas More
John Locke
Adam Smith
Thomas Hobbes
Adam Smith
The Wealth of Nations was published by the enlightenment thinker Adam Smith in 1776. The Wealth of Nations outlines how nations can and do acquire wealth. It was widely influential and contributed to the break from mercantilism and the embracing of free market capitalism that marked Europe in the early years of the Industrial Revolution.
Example Question #52 : Economic History
Triangle Trade involved what three continents?
South America, Asia, and North America
North America, South America, and Europe
Africa, South America, and Europe
Africa, Europe, and North America
Europe, Asia, and North America
Africa, Europe, and North America
Triangle trade involved large scale trade of goods and slaves in the Atlantic ocean between Europe, North America, and Africa. In this trade system slaves were sent from Africa to North America; sugar, tobacco, and cotton were sent to Europe; and textiles, rum, and manufactured goods were sent to Africa.
Example Question #1661 : Ap World History
The Slave Trade Act (1807) abolished the slave trade for which country and its territories?
France
United States of America
Germany
United Kingdom
Spain
United Kingdom
The Slave Trade Act was passed by the Parliament of the United Kingdom in 1807.
Example Question #53 : Economic History
Which of these countries was the last to embrace the Industrial Revolution?
United States
Japan
Germany
Britain
Russia
Russia
The Industrial Revolution began first in Britain. It then spread outward to Northern Europe, countries like France and Germany embraced the Industrial Revolution in the early nineteenth century. The United States was swept up in the Industrial Revolution by the mid nineteenth century and was shortly thereafter joined by Japan (following the Meiji Restoration in 1868). Russia, with its massive serf population and agrarian society, was not well-suited to the adoption of the Industrial Revolution. It took many decades of forced social change and economic hardship before Russia finally embraced the Industrial Revolution at the dawn of the twentieth century.
Example Question #51 : Trade, Commerce, And Market Competition
During the Industrial Revolution the demand for __________.
raw resources and manufactured goods declined significantly
raw resources declined substantially, as the demand for manufactured goods increased dramatically
raw resources increased dramatically, as the demand for manufactured goods declined substantially
raw resources and manufactured goods increased dramatically
raw resources and slaves increased dramatically, as the demand for manufactured goods increased slightly
raw resources and manufactured goods increased dramatically
During the Industrial Revolution the demand for raw resources, to be used in manufacturing and heavy industry, increased dramatically. Subsequently the standard of living began to rise as more luxury goods became more readily available to the common person, which led to a further increase in the demand for manufactured products. In this way the Industrial Revolution reinforced itself - industrial innovations led to a demand for more raw resources; rising wages and availability of luxury goods led to an improved standard of living; improved standard of living led to a demand for more manufactured products, which in turn led to a renewed demand for more raw resources.
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