Vocab Flashcards
Lateen sails
Triangular sails that able to have air flow on both sides. Allowing for the ship to go both directions
Transoceanic travel
traveling across the Atlantic and pacific ocean
Trading post Empire
Built to establish commerce relations meaning an empire thats main goal is to trade ie; Portugal (A place where its only there for trade
Columbus
an explorer from Genoa, proposed finding a way to Asia without
going through the middle east (bypassing Muslims)
Columbian exchange
Global exchange between old and new world, through food,animals and people
Cash Crop
A crop grown only to sell not to eat
Coerced labor
Basically slavery but they had little pay
Maritime Empire
A state with trade and navy based in water
Encomienda system
Forced labor- Benificiary was given control of natives to feed and provide shelter for and in return the Natives provided labor
Hacienda system
High class or conquestidors were given land and they emplyed workers for low wage to work for them
Plantation economy
A place where crops were grown by slaves
Slavery
being worked without pay or chance of going free
Joint Stock Company
Multiple people joined together money and finance expiditions, they could then share profits and losses ie; British East CO.
Mercantililist
- Main economic system
- States wealth was measured in gold and silver
- More exports than imports
- Colonies existed to serve mother country
Silver Trade
The global exchange of a commodity - took silver from the Americas
