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Age of Exploring 33
Rosco Notes & Vocabulary
| Question/Term | Answer/Definition |
|---|---|
| mercantilism | an economic policy by which nations try to gather as much gold and silver as possible by controlling trade and establishing colonies |
| market economy | an economy in which prices are determined by the buying and selling decisions of individuals in the marketplace capitalism an economic system based on investment of money (capital) for profit |
| inflation | an increase in the supply of money compared to goods, resulting in higher prices |
| circumnavigate | to travel completely around something, such as Earth |
| slavery | the condition of a slave; bondage; the keeping of slaves as a practice or institution |
| cartography | the art and science of mapmaking |
| longitude | the measure of how far east or west a place on Earth is from an imaginary line that runs between the North and South Poles |
| latitude | a measure of how far north or south a place on Earth is from the equator |
| caravel | a light sailing ship that is easy to maneuver and can sail in shallow water |
| colony | a country or an area ruled by another country |
| plantation | a large farm where crops such as sugar, rubber, or tobacco are grown |
| strait | a narrow body of water that connects two seas |
| epidemic | |
| northwest passage | a water route through North America connecting the Atlantic and Pacific Oceans |
| cottage industry | a small-scale business in which people work mostly at home |
| What were some reasons not to explore the ocean? | Sailors thought they would be eaten by sea monsters, they though the Earth was flat and you would sail right off the edge, and it was expensive to make such a voyage and it wasn't easy to get funding. |
| What were some reasons to explore? | People wanted to find new trade routes to Asia so that goods would pass through less hands and therefore be cheaper to buy; wealth, fame, and glory, craved adventure and new knowledge, spread Christianity; break Muslim's/Italian's hold on trade. |
| What were some advances that helped Europeans explore? | Cartography (mapmaking), improved ship design (the caravel), better navigational tools (compass and astrolabe), and better weapons to conquer natives. |