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Inflation and Golden Age

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Inflation and Golden Age
CLOE ORTIZ DE MENDIVIL
4311 - FALL 2014
Where do we find the answers?
CARDOSO-HELWEGE: Chapters 1, 2, 4, 5, 6, 7
FRANKO: 3, 4, 5
Slides on moodle
Articles on moodle

Instructions:







Here you have a list of questions to help you prepare for the midterm.
You should know all the material included in these questions but this does not mean that all midterm questions are going to be copy paste from this list.
You should be ready to answer very similar questions. Learn and understand the material instead of memorizing it.
You will see that some questions are redundant. This is so you get used to answer similar questions. Working in study groups is strongly encouraged.
If you have questions, or you do not know where to find a specific solution please post it on the
Moodle forum. Feel free to answer your classmates’ questions on Moodle.

1. Geography: Place Latin American countries in a map. Capitals. Bigger countries? Smaller countries? Biggest cities?
2. Why do we exclude former non-Spanish colonies of the Caribbean and South America from our concept of Latin America? Why don’t we exclude Haiti?
3. Why is Puerto Rico excluded from the concept of Latin American countries?
4. What are the four main elements that Latin American countries have in common?

5. Why is that first colonizers in the region known today as Mexico could easily find gold and silver while in Brazil this was not the case?
6. What commodities from Brazil enriched the Portuguese crown before finding gold?
7. When Portuguese found gold in Brazil, their policies regarding the colony changed. How did they change? 8. What are the reasons that made gold and silver so valuable? (Hint: think of international trade)
9. What was the first mineral being extracted by Spaniards in America? And the second one?

10. Were Spanish colonies allowed to trade among them? Were they allowed to trade with other
European countries? What do you think were the effects on economic development in the colonies resulting

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