Vocab - Economic Transformations Flashcards
Trading post empire
Form of imperial dominance based on control of trade rather than on control of subject peoples
British East India company
British, joint-stock company founded in 1600 and dissolved in 1874. It was formed to trade in the Indian Ocean region and seized control over large parts of India
Dutch East India company
A joint stock company started in 1602 by the Netherlands that carried out trade activities in Asia. It also possessed some governmental powers
Silver drain
The transfer of money from Europe to pay for the luxury products of the East
Potosi
City that developed in the Andes at the site of the world’s largest silver mine
Fur trade
The exchange of tools and weapons for fur from the americas. Fur was a highly valued item known as soft gold
Soft gold
Nickname used in the early modern period for animal furs which were highly valued
Transatlantic slave system
the trade of African people, mainly from West and Central Africa, to the Americas and Europe
African diaspora
the spread of African people that were used as slaves due to the trans-Atlantic slave trade
Maroon societies/ palmares
Societies where were ex-slaves who escaped their masters settled in the mountains
Signares
black and mulatto Senegalease women who have an influence via their marriage with European men
Benin
A kingdom in West Africa that was part of the trans-saharan trade and also got its wealth and power from it
