| A | B |
|---|
| Columbian Exchange | a worldwide exchange of goods, ideas, and people |
| mercantilism | the idea that a country becomes more wealthy and powerful through colonies and trade |
| export | selling to another country |
| import | buying from another country |
| merchant | a business person who trades |
| triangular trade | a three way trade route between Europe, Africa, and the Americas |
| isolationism | when a country closes itself off to outside influences |
| cash crop | plant that is worth a lot of money |
| colonial power | a country that owns a settlement in another part of the world |
| colony | a settlement in another part of the world that is still controlled by the home country |
| colonist | a person who lives in a colony |
| colonization | when a country sets up settlements around the world |
| astrolabe | a device used to determine latitude |
| caravel | a type of ship with triangular sails that could sail faster and in any direction |
| compass | a device used to show direction |
| indentured servant | a person who agreed to work as a slave on plantations for a certain number of years in exchange for passage to the Americas |
| favorable balance of trade | exporting more than importing |
| capitalism | an economic system based on private ownership of businesses and competition for profit |
| isolationism | a country closes itself off to outside influence |
| plantation colony | A colony in which large areas of land were farmed with cash crops that were traded across the globe |
| trading post | a station for trade |
| settler colony | Territory governed by the home country |
