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vocab quiz #1

ush, sept 20

TermDefinition
joint-stock company form of business organization where many investors pool funds to raise large sums of money for large projects
proprietary colony colony owned by an individual
headright system where settlers were granted land in exchange for settling in Virginia; incentive for immigrating to the colonies
indentured servant someone who contracts to work for a colonist for a specific number of years (3-7) in exchange for transportation to the colonies, food, clothing, shelter, and/or clemency
privateer privately owned ship licensed by the government to attack foreign ships
triangular trade three-way trade route for exchanging goods between American colonies, Great Britain, and Africa
slave code set of laws that formally regulated the slavery and defined the relationship between enslaved Africans and free people
mercantilism theory that the state's power is dependent on its wealth
rationalism philosophy that emphasizes the role of logic and reason in gaining knowledge
revival large public meeting for prayer and preaching
inflation loss of value in money over time
committee of correspondence committee organized in each colony to communicate with and unify the colonies
heretic dissenter from established church beliefs
pietism movement in the 1700s that stressed an individual's piety and an emotional union with God
customs duty tax on imports and exports
loyalist American colonist who supported Britain and opposed the War for Independence
nonimportation agreement pledge by merchants to not buy imported goods from a particular source (Britain)
town meeting gathering of free men in a New England town to elect leaders, which developed into the local town government
Created by: wei_studies
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