SAT II World History : Global Trade
Study concepts, example questions & explanations for SAT II World History
All SAT II World History Resources
Example Questions
Example Question #21 : Global Developments
All of the following statements about the triangular trade are true except _____________.
it involved the transportation and sale of over six million African people into slavery
it involved networks of trade between Europe, Africa, and the New World
All of the statements are true.
it was the only trade network that connected the Old World and the New before the nineteenth century
it led to increased trade competition between Britain and France in the eighteenth century
it was the only trade network that connected the Old World and the New before the nineteenth century
The Manila Galleons connected Mexico (the New World) to Asia (the Old) from the sixteenth century on, so the triangular trade between Europe, Africa, and the New World is not the only example of Old/New World trade connections before the nineteenth century.
Example Question #22 : Global Developments
Joint-stock companies, like the Dutch East India Company __________.
ended imperial expansion through the government, since the state had no hand in the ventures of joint-stock companies that operated overseas.
None of the answers are correct.
All of the answers are correct
created policies that meant that if a corporation failed, then the people behind the corporation would not be held financially responsible.
made it easier for people to invest in companies by purchasing stocks without investing all of their assets. This also helped limit the risks of investment.
made it easier for people to invest in companies by purchasing stocks without investing all of their assets. This also helped limit the risks of investment.
Governments still played a part in joint-stock companies like the VOC and the EIC-they could require a royal charter or rely on state troops for support. Limited-liability corporations, not joint-stock companies, protected their investors from bearing personal responsibility for a company's failure.
Joint-stock companies like the Dutch East India Company (VOC) or the East India Company (EIC) did make it easier for people to invest in new financial ventures, since they could buy shares but did not need to bankroll entire projects.
All SAT II World History Resources
