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Related Flashcards
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Cards In This Set
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Caravel
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A light, fast sailing ship with a rudder and latlen sails
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Circumnavigate
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Sail completely around the world
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Encomienda
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A colonist was given a certain amount of land and a number of Native Americans to work the land
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Conquistador
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Conqueror
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Viceroys
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Officials who ruled large areas in the king of spain's name
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Treaty of Tordesillas
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Signed in 1494, it drew an imaginary line through the Alantic just west of Azores/ west of line Spain/ east portugal
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Columbian Exchange
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The widespread exchange of plants, animals, and disease
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Mercantislism
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A new type of economic policy that claimed a nations strenght depended on its wealth
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Balance of trade
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A favorable balance was when a countries exports exceeded their imports
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Subsidies
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Government grants of money to help businesses start new industries
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Capitalism
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An economic system whereby most economic activity is carried on by private individuals or organizations to seek profits
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Joint-stock company
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Investors bought shares of stock in a co. and if they achieved a profit, each shareholder would receive a portion(i.e. British East Indies co. Virginia co. landed in 1607 in Jamestown, Va.)
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Plantations
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Estates where cash crops were grown on a large scale(i.e. tobacco and sugar)
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Triangular trade
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A network of trade between Europe, Africa, and the Americas
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Middle Passage
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This leg brought Africans to the Americans to be sold as slaves
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