Mercantilism (Story)
Quiz by Steven Jones
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10 questions
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- Q1What was the economic policy that emphasized national wealth through trade in the 17th century?capitalismcommunismsocialismmercantilism30s
- Q2What were Jonathan Harland's goals for investing in a voyage to Asia?exploring new landsfishing for rare fishsecuring exotic spices, silk, and precious gemsselling European goods in Asia30s
- Q3What was the name of Jonathan's ship?ExplorerAdventurerVoyagerNavigator30s
- Q4What were the markets of Asia like when Jonathan arrived?odorless and silentquiet and emptydull and monochromesensory overload, filled with vibrant colors, intoxicating scents, and diverse languages30s
- Q5What did Jonathan exchange with local merchants in Asia for the Asian treasures?jewelry and precious gemsEuropean goods like wool and metal toolsartifacts and antiquesAsian spices and silk30s
- Q6What was Jonathan's core strategy during his transactions in Asia?bartering for equal valuetrying to break evengiving away goods for freemaximizing profit and fulfilling the mercantilist ideal of a trade surplus30s
- Q7What were the adversities Jonathan faced on his return journey to Europe?smooth sailing and luxurious accommodationsnear-mutiny and scarce provisionsfriendly encounters and plentiful foodperfect weather and abundant supplies30s
- Q8How were Jonathan's exotic goods received in Europe?ignored by the merchantscheaply bought and discardedunsold and unpopularsold for a fortune, establishing his reputation as a master trader30s
- Q9What did Jonathan's successful venture underscore about mercantilism?loss through trade and bankruptcybarter instead of tradeprofit through trade and the accumulation of national wealthdestruction of national wealth30s
- Q10What did Jonathan's story represent in an era dominated by mercantile aspirations?a celebration of explorationan inspiration to traders and an embodiment of mercantilisma story of failure and defeata cautionary tale about trade30s