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All 10 terms

TermDefinition
New WorldThe land Columbus found.
cartographythe art and science of mapmaking
colonya country or an area ruled by another country
conquistadorsSpanish explorers who looked for new lands to make profit
epidemican outbreak of a disease that affects many people within a geographic area
northwest passagea water route through North America connecting the Atlantic and Pacific Oceans
capitalisman economic system baseed on investment of money for profit
market economyan economy in which prices are determined by the buying and selling decisions of individuals in the marketplace
cottage industrya smallscale business in which people work mostly at home
mercantilisman economic policy by which nations try to gather as much gold and silver as possible by controlling trade and establishing colonies

Set Information

Terms 10
Creator fobbykoreanXP
Created May 8, 2007
Groups None
Subjects exploration, of, age
Access Anyone
Edit Creator Only
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fobbykoreanXP : Changed capitalism → an economic system baseed on investment of money (capital) for profit to capitalism → an economic system baseed on investment of money for profit
Last Message: 31 months ago

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  1. market economy an economy in which prices are determined by the buying and selling decisions of individuals in the marketplace - 3 misses