| A | B |
| Mercantilism | An economic system where colonies rich in raw materials are forced to trade only with the mother country. Finished goods are produced in the mother country and sold to the colonies. |
| Colony | A country or area under the full or partial control of another country |
| Parliament | England's legislative, or lawmaking body |
| Joint Stock Company | Company owned by several investors through stock |
| Stock | Ownership in a company |
| Charter | a paper from the King giving certain rights to a person or group to start a colony |
| Indentured Servant | a person who sold their labor for a period of time (usually 3-7 years) in exchange for passage to the colonies. |
| Cash Crop | a crop grown to be sold for money - cotton, tobacco, indigo, rice |
| Slave | a person who is the legal property of another and is forced to obey them |
| Representative | a person chosen by a larger group of people to make decisions on their behalf |
| Representative Government | a government made up of officials chosen by the people |
| Plantation | a large farm |
| Debtor | a person or country that owes money |
| Subsistence farming | producing just enough crops to meet immediate needs |
| Indigo | a plant used to produce a blue colored dye |
| Middle Passage | name for the trip across the ocean that slaves took when traveling from Africa to the Americas |
| Triangular Trade | a pattern of trade during colonial times that involved the Americas, Africa, and Europe |
| Slave codes | rules focusing on the behavior and punishment of enslaved people |
| Raw materials | items supplied by the colonies, such as wood, iron, fur, cotton, that can be manufactured into products |
| Finished goods | items such as furniture, tools, weapons, and clothes that are manufactured and sold to the colonies |