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Vocabulary Quiz #5

TermDefinition
cash crop a crop, such as tobacco, sugar, and cotton, raised in large quantities and sold for profit
Mercantilism an economic policy in which nations tried to gain wealth by controlling trade and establishing colonies
Charter a formal document issued by the king that outlined a colony’s geographic boundaries and specified how it would be governed
Debt when money is owed to person or bank
Tax money that is paid to the government
Indentured servants
Created by: WSignorelli
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