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15 Cards in this Set

  • Front
  • Back
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