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Chapter 16

Section 3

QuestionAnswer
The arrival of colonists and their interaction with Native Americans led to sweeping cultural changes in both societies; overtime it led to a widespread of exchange of plants, animals, and diseases. Columbian Exchange
Europeans developed a new type of policy; the basic principle was that a nation's strength depended on it's wealth. Mercantilism
When this is favorable, a country received more gold and silver from other nations than it paid to them. Balance of Trade
Grants of money, to help business people start new industries. Subsidies
Most economic activity is carried on by private individuals or organizations in order to seek a profit. Capitalism
Investors bought shares of stock in the company. Joint-stock companies
Created by: zeniaad
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