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10 Cards in this Set

  • Front
  • Back
Capitalism
An economic system in which people put money, or capital, into a business in order to make a profit.
Intrest
The percentage added to the original amount.
Mercantilism
An economic policy that stated that the nation's wealth was measured by its supply of gold and silver.
Northwest passage
A water route through or around North America.
Charter
An official document that gives certain rights to an individual or group.
Representative goverment
A political system in which voters elect others to make laws.
Religious freedom
The rights of all individuals to follow their own religious beliefs.
Subsistence farming
A type of agriculture in which people live on what they grow themselves, rather than selling what they produce.
Cash Crops
Crops that are grown to be sold.
Debtor
An individual who owes something to another.