European Expansion by Isis Jennings https://padlet.com/jennis241/3yyptjshrc6b Vocabulary Words en-us 2017-09-06 19:19:32 UTC 2017-09-19 19:15:14 UTC hello@padlet.com Colony jennis241 https://padlet.com/jennis241/3yyptjshrc6b/wish/185663543 Settlement in a new territory that keeps close ties to the mother country/homeland]]> 2017-09-07 18:48:43 UTC https://padlet.com/jennis241/3yyptjshrc6b/wish/185663543 Mercantilism jennis241 https://padlet.com/jennis241/3yyptjshrc6b/wish/185664802 The idea that a country gains power by building up it's 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 ]]> 2017-09-07 18:51:33 UTC https://padlet.com/jennis241/3yyptjshrc6b/wish/185664802 Favorable Balance of Trade jennis241 https://padlet.com/jennis241/3yyptjshrc6b/wish/185666617 When a country has more exports (items they sell to other countries) than imports (items they buy from other countries)]]> 2017-09-07 18:55:00 UTC https://padlet.com/jennis241/3yyptjshrc6b/wish/185666617 Natural Resource/Raw material jennis241 https://padlet.com/jennis241/3yyptjshrc6b/wish/185668286 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 ]]> 2017-09-07 18:58:47 UTC https://padlet.com/jennis241/3yyptjshrc6b/wish/185668286 Market/Marketplace jennis241 https://padlet.com/jennis241/3yyptjshrc6b/wish/185668799 A place where goods are offered for sale]]> 2017-09-07 18:59:51 UTC https://padlet.com/jennis241/3yyptjshrc6b/wish/185668799 Capitalism jennis241 https://padlet.com/jennis241/3yyptjshrc6b/wish/185669063 Economic system based upon the private ownership of resources and production in order to make a profit]]> 2017-09-07 19:00:28 UTC https://padlet.com/jennis241/3yyptjshrc6b/wish/185669063 Market Economy jennis241 https://padlet.com/jennis241/3yyptjshrc6b/wish/185669454 A system in which individual buyers and sellers interact in the marketplace to exchange (trade) goods and services.]]> 2017-09-07 19:01:21 UTC https://padlet.com/jennis241/3yyptjshrc6b/wish/185669454 Slavery jennis241 https://padlet.com/jennis241/3yyptjshrc6b/wish/185670495 Being owned or in bondage to another person; the practice or system of one person owning another person or people]]> 2017-09-07 19:03:47 UTC https://padlet.com/jennis241/3yyptjshrc6b/wish/185670495 Indentured Servant jennis241 https://padlet.com/jennis241/3yyptjshrc6b/wish/185670929 Servants who worked for a set period of time to pay off debts or the cost of travelling to the Americas]]> 2017-09-07 19:04:45 UTC https://padlet.com/jennis241/3yyptjshrc6b/wish/185670929