US History I Review for mid term. Lot of info from Columbus Days to the New America (1787).
Date Submitted: 12/04/2004 05:45:08
HISTORY MIDTERM REVIEW
Joint-Stock Companies - Form of business organization that pooled funds of many investors or stock holders who can independently sell their shares of the company. This way people in all classes can help fund explorations, and if the exploration is a failure, than the debt is not too great.
Treaty of Tordesillas - Line made by the pope in 1494 where Spain had land west of the line and Portugal had land east
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count slaves to determine representation to Congress but not for direct taxation.
The North wanted to count slaves for taxation but not representation
Compromise established that 5 slaves would be equal to three free persons for both representation and taxation
Congress was forbidden to act on slavery of interfere with the slave trade for 20 years
The government could not prevent the importation of slaves or charge an import duty of more than ten dollars a head
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