Mercantilism During the Age of Exploration - Reading, Questions, Venn Diagram - This 8 page resource related to the economic system of mercantilism includes a reading, set of analysis questions and a Venn diagram activity which requires students to compare mercantilism with capitalism. It includes all necessary teacher keys and is a "NO PREP" activity so you can just print and teach. This is a great activity when learning about the economics of the Age of Exploration and mercantilism.
The reading details the history of mercantilism and its role as an economic system during the Age of Exploration. It explains the major principles of mercantilism and its eventual downfall to the rise of capitalism and the writings of Adam Smith.
The analysis questions will help your students to better understand the reading and the impact of mercantilism during the Age of Exploration. As well, the analysis questions include a political cartoon related to mercantilism during the Age of Exploration which students will analyze after having completed the reading.
Finally, the resource includes a Venn diagram activity in which students will use the reading to compare and contrast the major principles of mercantilism and capitalism. The resource includes a web link for a video that details the major differences between the two economic systems that can be used to extend or add to the activity. The resource includes the necessary teacher keys for ease of assessment.
This is an excellent activity when learning about mercantilism during the Age of Exploration and will make a great addition to you Age of Exploration unit of study!