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Unit 2 Vocabulary
Colonial Life
Term | Definition |
---|---|
To trade goods or services for other goods or services without using money. | barter |
Showing much variety | diverse |
A product sent from one country to another to be sold. | export |
a product brought into a country to be sold | import |
Economic ideas popular in the 1600s and 1700s which suggested that governments should limit imports but increase manufacturing and exports. | mercantilism |
The part of the triangular trade route in which captured and enslaved Africans were sent by ship, under terrible conditions, to be sold to the Americas. | Middle Passage |
Resources that are used to manufacture products. | raw materials |
An area that shares physical or human characteristics. | region |
Trade routes between Africa, the Americas, and Europe, in which ships carried cash crops, manufactured goods, and enslaved people. | triangular trade |
An economic system in which people are free to start their own business or to do whatever work they want. | free enterprise system |
economic activity connected with producing, manufacturing, or constructing products | industry |
A crop that is grown to sell, rather than to be used by the grower. | cash crops |