Practice Global Trade Networks: Mercantilism and Multinational Enterprises - 3 | Unit 6: Economy, Trade, and Technology Through Time | IB Grade 8 Individuals and Societies
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Global Trade Networks: Mercantilism and Multinational Enterprises

3 - Global Trade Networks: Mercantilism and Multinational Enterprises

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Practice Questions

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Question 1 Easy

What is mercantilism?

💡 Hint: Think about how countries aimed for gold and silver.

Question 2 Easy

Name one key activity of chartered companies.

💡 Hint: Consider the British East India Company.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What is the main goal of mercantilism?

A) Promote free trade
B) Accumulate national wealth
C) Encourage global cooperation

💡 Hint: Focus on the relationship between wealth and power.

Question 2

True or False: The British East India Company was a chartered company.

True
False

💡 Hint: Think about governmental endorsement in trade.

2 more questions available

Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Assess the long-term impact of mercantilist policies on modern economic structures. What similarities can you identify?

💡 Hint: Consider how modern economies still utilize regulations to foster growth.

Challenge 2 Hard

Debate the ethical implications of the Atlantic triangular trade. What are the critical moral dilemmas that need addressing?

💡 Hint: Reflect on the human costs involved in historical trade practices.

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