Chapter 10 Flashcards
1
Q
conquistor
A
a conqueror, especially one of the Spanish conquerors of Mexico and Peru in the 16th century.
2
Q
colony
A
a country or area under the full or partial political control of another country, typically a distant one, and occupied by settlers from that country.
3
Q
mercantilism
A
belief in the benefits of profitable trading; commercialism.
4
Q
balance of trade
A
the difference in value between a country’s imports and exports.
5
Q
the compass
A
an instrument containing a magnetized pointer that shows the direction of magnetic north and bearings from it.
6
Q
joint stock company
A
a company whose stock is owned jointly by the shareholders.