Global Chapter16
Terms
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- Peninsular
-
People born in Spain
(The term peninsular referred to the Iberian Peninsula, on which Spain is located) - Peon
- A worker forced to labor for a landlord in order to pay off a debt
- Joint Stock Company
- Allowed people to pool large amounts of capital needed for oversees ventures
- Plantation
- Lage estate run by an owner or the owner's overseer
- Creole
- American-born descendents of Spanish settlers
- Mulatto
- People of African and European descent
- Mestizo
- People of Native American and European descent
- Inflation
- The economic cycle that involves a risein prices linked to a sharp increase in the amount of money available
- Capitalism
- The investment of money to make a profit
- Entrepreneur
- Enterprising merchants, oranized managed, and assumed the risk of doing business
- Conquistador
- conqueror
- Encomienda
- The right to demand labor or tribute from Native Americans under the most brutal conditions
- Tariff
- Taxes on imported goods
- Mercantilism
- A policy that was aimed to strengten their national economies
- Viceroy
- Representitives who ruled in his name