Ch 24: Virginia SOL - World History & Geography 1500-Present: Civics & Economics

About This Chapter

Go over some important facts about civics and economics by watching the video lessons in this chapter. You will need a solid understanding of this subject in order to do well on the Virginia SOL Exam on World History & Geography 1500-Present.

Virginia SOL World History & Geography 1500-Present: Civics & Economics- Chapter Summary

In this chapter you will find lessons dedicated to specific topics on the subjects of civics and economics. These lessons will serve as study guides for questions on this topics you'll find in the Virginia Standards of Learning (SOL) Exam on world history and geography from 1500 to the present. The lessons will go over topics such as:

  • American precious metal imports and their impact
  • Definition and limitations of the free market
  • The commercial revolution
  • Capitalism, pluralism and democracy
  • The definition, history and effects of mercantilism
  • Definition and examples of capitalism

The chapter's practice quizzes will help you check your understanding of some of the main points discussed in the lessons and the expert instructors are available to answer any follow up questions you might have. Overall, once you've completed the whole chapter you'll have a much better chance of succeeding on the Virginia SOL Exam!

6 Lessons in Chapter 24: Virginia SOL - World History & Geography 1500-Present: Civics & Economics
Test your knowledge with a 30-question chapter practice test
Impact of Precious Metal Exports from the Americas

1. Impact of Precious Metal Exports from the Americas

While the Spanish may have been excited to find vast amounts of silver in South America, this lesson will explain why it was a mixed bag for the rest of the world.

The Commercial Revolution: Economic Impact of Exploration and Colonization on Europe

2. The Commercial Revolution: Economic Impact of Exploration and Colonization on Europe

In this lesson, we'll discuss the Commercial Revolution sparked by Europe's interaction with the New World colonies. We'll learn about how mercantilism, banking and joint-stock companies transformed the economic face of the European continent.

Colonial Mercantilism: Definition, History & Effects

3. Colonial Mercantilism: Definition, History & Effects

Mercantilism was a major economic theory in Europe between the 16th and 18th centuries. In this lesson, we learn its four basic rules and the effects of mercantilism on history.

What is Capitalism? - Definition & Examples

4. What is Capitalism? - Definition & Examples

This lesson explains what capitalism is and gives several examples to help illustrate how capitalism is executed in the business world. After completion of the lesson, take the quiz to gauge your learning.

Capitalism and the Free Market: Definition & Limitations

5. Capitalism and the Free Market: Definition & Limitations

Capitalism is an economic system that has played a dominant part in building the world in which we currently live. In this lesson, you'll learn about some key concepts of capitalism, as well as its limitations.

Capitalism, Pluralism & Democracy: Definitions & Differences

6. Capitalism, Pluralism & Democracy: Definitions & Differences

Businesses live in a multi-framework environment consisting of capitalism, pluralism and democracy. In this lesson, you will learn about each framework and how their differences present a unique challenge for a company's survival.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
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Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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Other Chapters

Other chapters within the Virginia SOL - World History & Geography 1500 to Present: Test Prep & Practice course

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