Unit 3 - Latin America Flashcards
bureaucracies
a complex system of officials and workers who manage the activities of a government
capitalism
an economic system in which all resources are privately owned and markets determine how those resources are distributed
circumnavigate
travel completely around
Columbian Exchange
the transfer of plants, animals, and diseases between the eastern and western hemispheres
conquistador
Spanish conqueror of the Americas
entrepreneur
a person willing to take the risks involved in starting or running a business
indentured servitude
a system by which a person agreed to work for a period of time in return for being transported to the Americas
mercantilism
an economic philosophy that favored self-sufficiency, called for stockpiling gold and silver, encouraged exports, and discouraged imports
middlemen
a person who provides a service that links two people or groups
nation-state
a politically independent state whose people have a common culture and nationality
revenue
income used to fund a nation’s expenses
sovereign
self-governing and independent
triangular trade
a colonial pattern of trade that involved the transport of slaves from Africa to the Americas, sugar and other products from the Americas to Europe, and manufactured goods from Europe to Africa
Great Dying
the devastation of American Indian populations by diseases brought over from Europe
Treaty of Tordesillas
agreement that split all not-yet-explored lands between Spain and Portugal