| Term | Definition |
| New World | The land Columbus found. |
| cartography | the art and science of mapmaking |
| colony | a country or an area ruled by another country |
| conquistadors | Spanish explorers who looked for new lands to make profit |
| epidemic | an outbreak of a disease that affects many people within a geographic area |
| northwest passage | a water route through North America connecting the Atlantic and Pacific Oceans |
| capitalism | an economic system baseed on investment of money for profit |
| market economy | an economy in which prices are determined by the buying and selling decisions of individuals in the marketplace |
| cottage industry | a smallscale business in which people work mostly at home |
| mercantilism | an economic policy by which nations try to gather as much gold and silver as possible by controlling trade and establishing colonies |