A | B |
ghetto | separate section of a city where members of a minority group are forced to live |
heliocentric | based on the belief that the sun is the center of the universe |
conquistador | name for the Spanish explorers who claimed lands in the Americas for Spain in the 1500’s and |
plantation | a large estate run by an owner or overseer and worked by laborers that live there |
inflation | economic cycle that involves a rise in prices linked to a sharp increase in the amount of money available |
capitalism | economic system in which the means of production are privately owned and operated for a profit |
entrepreneur | person who assumes financial risks in the hope of making a profit |
joint stock company | private trading company in which shares are sold to investors to finance business ventures |
mercantilism | policy by which a nation sought to export more than it imported in order to build its supply of gold and silver |
tariff | tax on imported goods |
social contract | agreement by which people give up their freedom to a powerful government in order to avoid chaos |
laissez faire | policy allowing business to operate with little or no government interference |
salon | informal social gathering at which writers, artists, and philosophers exchanged ideas; originated in France in the 1600’s. |
baroque | ornate style of art and architecture popular in the 1600’s and 1700’s |
prime minister | head of the cabinet in a parliamentary government; usually the leader of the largest party in the legislature |
constitutional government | a government whose power is defined and limited by law |