Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
5 Cards in this Set
- Front
- Back
- 3rd side (hint)
|
Price Revolution |
Price revolution is a description of a series economic events from the 2nd 1/2 of the 15th century to the 1st 1/2 of the 17th century. A period in which commodity prices rise significantly b.c. of a drop in the value of the noble metals that act as the universal equivalent. |
Noble Metals |
|
|
Merchantilism |
Belief in the benefits of profitable trading; commercialism. The economic theory that trade generates wealth & is stimulated by the accumulation of profitable balances, which a government should encourage by means of protectionism. |
Trade Generates Wealth |
|
|
Riot Act |
Back in 1714, the original Riot Act was passed by British parliament. It took effect 300 years ago, on August 1, 1715. It was aimed at "preventing tumults and riotous assemblies," and made provisions for "more speedy and effectual punishing" of those who engaged in civil unrest. |
If they finish reading it and you're still there, then you get arrested or punished |
|
|
Primogeniture |
the right of succession belonging to the firstborn child, especially the feudal rule by which the whole real estate of an intestate passed to the eldest son. |
Inheritance |
|
|
3 Field System |
(Define) |
|
