Capitalism and Slave trade
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| Capitalism | A system in which people, rather than governments, own property, make goods, and buy and sell them freely.
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| Middle Class | A group made up of merchants and artisans.
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| Entrepreneur | One who organizes, pays for, and takes on the risk of setting up a business.
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| Joint Stock Company | A business in which investors buy shares in the company.
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| Commerce | An exchange of goods, business
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| Free Enterprise | The freedom of private business to compete for profits without government involvement.
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| Columbian Exchange | A global exchange of people, goods, technology and ideas - and even diseases.
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| Immunity | The body's ability to resist infection.
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| Trading Post | Outposts for the purpose of trade.
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| Plantation Colony | A colony made up of large estates or farms that used enslaved people or hired workers to grow and harvest crops.
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| Settlement Colony | Territories governed by the homeland that hoped to attract enough people to establish a firm foothold in another land.
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| Indentured Servants | European workers who signed contracts to work for a set number of years to pay off their trip to the Americas.
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| Encomienda System | Spain awarded nobles large grants of land and gave them the right to use the labor of Native Americans.
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| Cash Crop | Crops grown in large amounts to be sold for profit
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| Triangular Trade | 3 legged trade journey between Europe- Africa and the Americas.
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| Viceroy | Spanish royal representatives who they sent to the Americas to set the laws and regulate trade.
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| Atlantic Slave Trade | Capture and transport of Africans into bondage in the Americas.
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| Middle Passage | Middle part of the triangular trade that consisted of transporting enslaved Africans to the Americas.
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| Missionaries | People who taught and spread Christianity.
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| Converts | People who change their beliefs to another religion or faith.
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| Isolationism | A policy of turning inwards from the world.
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