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Lesson 32
Quiz April 24, 2024
| Term | Definition |
|---|---|
| Age of Exploration | a period of European exploration and discovery that lasted from about 1418-1620 |
| capitalism | an economic system based on investment of money for profit |
| cartography | the science and art of making maps |
| colony | a territory, often very large, under the political and economic control of another coutnry |
| cottage industry | a small-scale business in which people produce goods at home |
| epidemic | an outbreak of a contagious disease that spreads quickly and over a wide geographic area |
| market economy | an economy in which prices are determined by the buying and selling decisions of individuals in the marketplace |
| mercantilism | an economic policy by which nations try to gather wealth by establishing colonies and controlling trade |