The Renaissance saw more than great cultural advances. It also saw far-reaching political and economic developments. This lesson looks at how independent merchants undercut the guilds' monopolies on sales and production through the cottage industry system which would serve as a transition to the facotory system of the industrial revolution. It then covers the rise of new finance techniqes such as joint stock companies and insurance, and finishes with a discussion of capitalism and how it contrasted with the guild system. Featured is a mini-flowchart tracing the rise of deposit banking.
This is a self-contained PowerPoint that develops slide by slide while other notes for the students scroll down the side. It can be run as a timed presentation on its own, presented slide by slide for discussion, or integrated into your other lectures. In addition to extensive pictures with captions mixed in, there are also cartoon description on the development of cottage industries, credit, and insurance to illustrate the lesson, make it more clear to understand, and capture students’ interest. This packet also contains a student reading, flowchart, three short multiple choice reading quizzes, and the author’s own research notes which contain lots of details and interesting trivia to spice up your class.
For more information on my flowcharts and approach to teaching history, please view my profile or visit my website at www.flowofhistory.com
The full Flow of History curriculum on world history based on 247 hyperlinked flowcharts is available at:
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This work is licensed under a Creative Commons Attribution-NonCommercial-Share Alike 2.5 License.
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 2.5 License