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Being owned or in bondage to another person; the practice or system of one person being owning another person or people

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A system in which individual buyers and sellers interact in the marketplace to exchange (trade) goods and services

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Economic system based upon the private ownership of resources and production in order to make a profit

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A place where goods are offered for sale

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Material, such as wood, gold, salt, tobacco, cotton, that occurs in nature and can be traded or made into a product that can be traded

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When a country has more exports (items they sell to other countries) than imports (items then buy from other countries)

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The idea that a country gains power by building up its supply of gold and silver; can be accomplished by taking over land where gold and silver are natural resources or by taking over territory where resources are available to create a product to trade; government controls the economy

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Settlement in a new territory that keeps close ties to the mother country/homeland