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Servants who work for a certain time to pay off debts or traveling

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Being owned by someone else or being sold to work for the owner

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A system where buyer's and seller's interact to trade good's and services

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System based on the private ownership of resources 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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The difference between the values of exports and imports of a country, said to be favorable or unfavorable as exports are greater or less than imports.

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the economic theory that trade generates wealth and is stimulated by the accumulation of profitable balances, which a government should encourage by means of protectionism.

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