Chapter 17 - Terms Flashcards
divided the claims of Portugal and Spain in the Americas
Line of Demarcation
one who makes maps
cartographer
circling of the globe
circumnavigation
spanish conqueror
conquistador
formed by ships that sailed from Europe to Africa, from Africa to the Americas, and from the Americas back to Europe.
triangular trade
name given to the journey of slaves from Africa to America
The Middle Passage
organization that shares in venture; their formation allowed private investors to share the risks and profits of an undertaking
joint-stock companies
an individual who combined money, ideas, materials, and labor to produce goods and profits
Entrepreneur
theory that a state’s power depends on its wealth
mercantilism
gold and silver a nation owned
bullion
considered favorable when a country exports more goods than it imports
balance of trade
transfer of products btwn the Americas, Europe, Asia, and Africa
Global exchange