chapter 3 vocab Flashcards
gentry
men and women wealthy enough to hire others to work for them
mercantilism
economic theory that a country should acquire as much silver and gold as possible by exporting more goods than its import
balance of trade
difference in value between imports and exports
duty
a tax on imports
salutary neglect
great britain’s policy in the early 1700s of not interfering in the american colonies’ politics and economy as long as such neglect served british economic interest
staple crop
a crop that is in constant demand like wheat, corn, or rice
triangular trade
trade between the americas, europe, and africa
apprentice
person placed under a legal contract to work for another person in exchange for learning a trade
almanac
book containing information such as calendars and weather predictions
indigo
type of plant used in making blue dye for cloth
self-sufficient
having the necessary resources to get along without outside help
middle passage
one leg of the triangular trade/forced transport of slaves from africa to americas
mutiny
revolt against superior authority
stono rebellion
salve revolt in south carolina in 1739
immigrant
person who enters a new country to settle