https://padlet.com/delgur68/lnb7p6wxa313 Vocabulary Words en-us 2017-09-06 13:40:06 UTC 2023-02-19 19:56:16 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Balance.png delgur68 https://padlet.com/delgur68/lnb7p6wxa313/wish/185120091 COLONY- Settlement in a new territory that keeps close ties to the mother country/homeland.]]> 2017-09-06 13:56:05 UTC https://padlet.com/delgur68/lnb7p6wxa313/wish/185120091 delgur68 https://padlet.com/delgur68/lnb7p6wxa313/wish/185131054 MERCHENTILISM- The idea that a counrty 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 taking over territory where resources are available to create a product to trade; goverment controls the economy.]]> 2017-09-06 14:15:40 UTC https://padlet.com/delgur68/lnb7p6wxa313/wish/185131054 delgur68 https://padlet.com/delgur68/lnb7p6wxa313/wish/185131363 CAPITALISM- Economic system based upon the private  ownership of resources  and production in order to make a profit.]]> 2017-09-06 14:16:18 UTC https://padlet.com/delgur68/lnb7p6wxa313/wish/185131363 delgur68 https://padlet.com/delgur68/lnb7p6wxa313/wish/185131602 INDENTURED SERVANTS- Servants who worked for for a set period of time to pay off depts of the cost of traveling to the Americas.

]]> 2017-09-06 14:16:52 UTC https://padlet.com/delgur68/lnb7p6wxa313/wish/185131602 delgur68 https://padlet.com/delgur68/lnb7p6wxa313/wish/185132151 Market Economy- A  system in which individual buyers and sellers interact in the marketplace to exchange (trade) goods and services. ]]> 2017-09-06 14:17:56 UTC https://padlet.com/delgur68/lnb7p6wxa313/wish/185132151 delgur68 https://padlet.com/delgur68/lnb7p6wxa313/wish/185135169 Marketplace/Market- A place  where goods are offered for sale.]]> 2017-09-06 14:23:42 UTC https://padlet.com/delgur68/lnb7p6wxa313/wish/185135169 delgur68 https://padlet.com/delgur68/lnb7p6wxa313/wish/185136491 Slavery- Being owned  or in bondage to another person; the practice or system of one person owning another personor people.]]> 2017-09-06 14:26:04 UTC https://padlet.com/delgur68/lnb7p6wxa313/wish/185136491 delgur68 https://padlet.com/delgur68/lnb7p6wxa313/wish/185137422 Favorable Balance of trade- When a country has more exports. (items they sell to other countries than imports)(items they buy from other countries) ]]> 2017-09-06 14:27:31 UTC https://padlet.com/delgur68/lnb7p6wxa313/wish/185137422 delgur68 https://padlet.com/delgur68/lnb7p6wxa313/wish/185138806 Natural resources- Material, such as wood, gold, salt,cotton, that occurs in nature and can be traded or made into a product that can be traded.]]> 2017-09-06 14:29:49 UTC https://padlet.com/delgur68/lnb7p6wxa313/wish/185138806