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Demographics/Renaissance

Demographics/Renaissance . Day 3. Essential Question. How did the concept of trade give birth to capitalism in Europe?. Whiteboards. On your whiteboards Write down words that relate to economics. Europe. By 1400’s had found the New World, set up trade , and formed new monarchies.

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Demographics/Renaissance

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  1. Demographics/Renaissance Day 3

  2. Essential Question • How did the concept of trade give birth to capitalism in Europe?

  3. Whiteboards • On your whiteboards • Write down words that relate to economics

  4. Europe • By 1400’s had found the New World, set up trade, and formed new monarchies. • Monarchy: A form of government in which a king or queen controls sole power. • People are living in cities • Urbanization • Gutenberg birthed the printing press

  5. 15th century • Foundations of schools and colleges became important. • Literacy • More $ around in Europe • Rise to a new class called “the Bourgeoisie” • Strong monarchies colonize the world • Leads to new institutions and ideas

  6. Banks • Prior to 1600’s banks were either non existent or for the rich. • People start trading, investing, and saving for stocks. • This will lead to entrepreneur • Renaissance • People commission painters • Buy new things (books, paintings, etc)

  7. Economy • Atlantic trade and colonies are making money for the “mother land.” • Imperialism will bring forth more goods (diamonds, gold, and ivory) • No more serfs, people wanted to make money on their own goods. • Idea of capitalism • Capitalism: is an economic system that allows private ownership of the means of production for profit

  8. Clip • What is capitalism? • http://www.youtube.com/watch?v=B3u4EFTwprM

  9. Think about it • Do we have capitalism today? • Are we capitalists? • How so? • Do you agree/disagree with capitalism?

  10. Medici Reading

  11. Exit Slip • What is capitalism? • What is a monarchy? • Tell me 2 things you learned about the Medici.

  12. Roseberry Review • 1. Leonardo, Michelangelo, Donatello, and Raphael own a pizza shop. They charge $17.67 for a large pizza or $26.79 for two large pizzas and a drink. If Shredder just wants 2 large pizzas would it be cheaper for him to get the deal or to buy two large pizzas? How much cheaper is the best option?

  13. Roseberry Review • Bell and Cinderella are discussing who has the better diamonds. Cinderella says that Prince Charming gave her a necklace that costs $1672.49 and Bell says that Beast bought her a necklace for $1941.15. How much more is Bells necklace?

  14. Roseberry Review • Tommy lives in Rugratland and Dill lives in Boogerville. Tommy wants to trade his pickles with Dill. Dill has agreed to pay 8.49 per case of pickles and will willing to buy 25 cases. How much will Dill pay for his pickles?

  15. Roseberry Review • 4. Doug wants to fly Patty to China. First class seats will cost $7,544.97 per one way ticket. How much will it cost for Doug to get purchase a ticket for him and Patty there and back?

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