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