| Term | Definition |
| New World | name given by Europeans to the Americas, which were unknown in Europe before Columbus' voyage |
| cartography | art and science of mapmaking |
| longitude | Measure of how far east or west a place is from the lines that run from the North and South Poles |
| latitude | measure of how far north or south a place is from the equator (lines that run parallel to the equator) |
| colony | a country or area ruled by another country |
| conquistadors | Spanish word for conquerors |
| epidemic | outbreak of a disease that affects many people in an area |
| northwest passage | water route through North America that connects the Atlantic and Pacific Oceans |
| capitalism | economic system based on investment of money for profit |
| market economy | economy in which prices are determined by the buying & selling decisions of individuals |
| cottage industry | small-scale business in which people work at home |
| mercantilism | economic policy by which nations gather as much gold & silver as possible by controlling trade |