European Expansion 1400s-1700s by Torion Sullivan https://padlet.com/sullto94/urbybavbq0l0 Vocabulary p.13 en-us 2017-09-07 18:44:59 UTC 2017-09-19 19:21:56 UTC hello@padlet.com Colony sullto94 https://padlet.com/sullto94/urbybavbq0l0/wish/185664580 Settlement in a new territory that keeps close ties to the mother country/homeland]]> 2017-09-07 18:51:06 UTC https://padlet.com/sullto94/urbybavbq0l0/wish/185664580 Mercantilism sullto94 https://padlet.com/sullto94/urbybavbq0l0/wish/185667171 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 are available to create a product to trade; government controls the economy]]> 2017-09-07 18:56:15 UTC https://padlet.com/sullto94/urbybavbq0l0/wish/185667171 Favorable Balance of Trade sullto94 https://padlet.com/sullto94/urbybavbq0l0/wish/185668391 When a country has more exports (items they sell to other countries) than imports (items they buy from other countries]]> 2017-09-07 18:59:01 UTC https://padlet.com/sullto94/urbybavbq0l0/wish/185668391 Natural Resource/Raw Material sullto94 https://padlet.com/sullto94/urbybavbq0l0/wish/185668966 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 19:00:13 UTC https://padlet.com/sullto94/urbybavbq0l0/wish/185668966 Capitalism sullto94 https://padlet.com/sullto94/urbybavbq0l0/wish/185669668 Economic system based upon the private ownership of resources and production in order to make a profit]]> 2017-09-07 19:01:51 UTC https://padlet.com/sullto94/urbybavbq0l0/wish/185669668 Market Economy sullto94 https://padlet.com/sullto94/urbybavbq0l0/wish/185670089 A system in which individual buyers and sellers interact in the marketplace to exchange (trade) goods and service]]> 2017-09-07 19:02:51 UTC https://padlet.com/sullto94/urbybavbq0l0/wish/185670089 Slavery sullto94 https://padlet.com/sullto94/urbybavbq0l0/wish/185671012 Being owned or in bondage to another person;the practice or system of one person owning another person or people]]> 2017-09-07 19:04:59 UTC https://padlet.com/sullto94/urbybavbq0l0/wish/185671012 Indentured Servant sullto94 https://padlet.com/sullto94/urbybavbq0l0/wish/185671761 Servants who worked for a set period of time to pay off debts or the cost of travelling to the Americas]]> 2017-09-07 19:06:33 UTC https://padlet.com/sullto94/urbybavbq0l0/wish/185671761