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Reconnaissance
Refers to collecting preliminary information or research to support future exploration
Caravel
Small Spanish or Portuguese vessel of the Middle Ages with lateen sails that is used for reconnaissance at the beginning of the Age of Exploration
Carrack
European ship during the Age of Exploration that carried more cargo for trade and included weapons
Fluyt
Dutch trading vessel that was designed specifically for trade, as it carried much more cargo at a cheaper construction price (carries twice the cargo with half the crew)
Galleons
Sleek, fast, heavily armed Spanish ship capable of carrying large cargoes of silver and other commodities between the Philippines and the western coast of Mexico
Bullion
Bulk gold or silver that is used to make coinage
Inflation
Decline in the value of money, which causes prices to increase / Often caused by too much money in circulation
Mercantilism
Economic theory that a 'mother country' can obtain wealth by forming and using colonies to extract raw materials and form markets for finished products (European nation wants to obtain large amounts of gold and silver by selling more goods than they bought)
Joint-stock company
Refers to a group of people who invest their money in an exploration or commercial venture to make huge profits with little risk
Monopoly
Occurs when the sale of a specific product (such as tea or oil) is controlled by a single company or entity / One can only purchase Product X from that company, which usually results in a price increase
VOC
Refers to the Dutch East India Company, a joint-stock company that monopolized the spice trade with Indonesia (a Dutch colony at the time)
Commodity
Raw material or agricultural product that can be bought and sold and is usually in high demand (ex. oil)
Chattel slavery
Ownership of human beings as legal property that can be bought and sold / Marks a change from previous time periods where enslaved people were not considered property
Maroons
Term referring to the runaway slaves in the Caribbean
Encomienda
System that gives Spanish settlers in New Spain/the Caribbean the right to compel the indigenous people of the Americas to work in mines or fields
Hacienda
Large Latin American estates that the Spanish settlers run where indigenous people are forced to work
Indentured labor
A worker bound by a voluntary agreement to work for a specific time period in exchange for free passage to the New World and land at the end of their service period, often used by the English
Peninsulares
People born in Spain who move to the Americas in the Age of Exploration; they constitute the highest social class in New Spain
Creole
Social class in the New World comprised of the children of people born in Spain/Portugal. Creoles have European blood but are born in America. They are the second highest class in the hierarchy.
Mestizo
Refers to a mixed race in Spanish and Portuguese controlled lands in the New World, with one parent from Spain or Portugal and the other parent indigenous to the Americas / This class constitutes the middle of the social hierarchy
Zambo
Latin American term for individuals born of indigenous and African parents
Hegemony
Refers to leadership or domination of one nation over others
Triangular trade
Trade between Europe, Africa, and the Americas that featured finished products from Europe, slaves from Africa, and American products bound for Europe
Middle Passage
Trans-Atlantic journey abroad filthy and crowded slave ships
Engenho
Brazilian sugar mill, which symbolizes the entire complex world related to sugar production
Indulgences
A pardon from one's sins that one purchases from the Catholic church
Vernacular
Refers to language or dialect spoken by the typical, ordinary people (ex. German), rather than the highly educated (ex. Latin)
Catholic
Predominant branch of Christianity influencing Europe (France, Spain, Italy), led by a pope, and characterized in a belief in salvation through good works, such as making donations and attending mass/confession
Protestant
Umbrella term for all the new branches of Christianity that emerged in the 1500s and reject some Catholic church teachings
Jesuit
Order of highly educated priests founded by Ignatius Loyola who engage in missionary activity in the Americas, Africa, and Asia to combat the spread of Protestantism