Think As Historian: THINK AS A HISTORIAN: MAKE CONNECTIONS BY RELATING HISTORICAL DEvELOPMENTS
Historians of exploration might well focus a specialized study on the search for a northwest passage—on the details of each effort to find one and the outcome of the exploration. In a similar way, economic historians might well focus a specialized study on the expansion of trade networks as a global economy began to develop. However, to appreciate the interconnections of historical developments, historians would relate the exploratory and the economic developments, looking for ways in which developments in one field of study influenced developments in the other field. For example, the explorers failed in their mission to find a northwest passage, but they found instead that there were goods to trade on the land they traveled through, and they explored new territories that proved rich with trading possibilities. These findings, in turn, led to the desire for more exploration that would lead to new participants in the global trade network.
In a sentence or two, relate each of the following economic develop- ments to another historical development in a different field of study, such as military history or social history.
1. Mercantilism
2. Trading post empire
3. Increased tax revenue